Premarket Levels [UkutaLabs]

6월 12일

█ OVERVIEW

The Premarket Levels indicator measures the premarket high and low of any given market. The Premarket Levels creates potential strong resistance and support levels based on the premarket high and low which traders can use to gauge the market outlook ahead of the regular open.

The aim of this script is to simplify the trading experience of users by automatically identifying and displaying price levels that they should be aware of.


█ USAGE

At the beginning of the New York Session of each trading day at 1:30pm UTC time, this script will automatically identify the High and Low prices since the market opened at 10:00pm the night before. This happens automatically and in real time, ensuring that traders have access to this information as soon as the market is open.

These lines will extend until the end of the trading day, and also contain labels that display the price of each line. These labels can be disabled in the indicator's settings.

These levels indicate the total range of the market for that day until the open of the New York Session, and can be treated as levels of Support and Resistance after the market has opened.


█ SETTINGS

Configuration

• Show Labels: Determines whether labels are drawn within the range.
• Display Mode: Determines the number of days the script should load.

Range Settings

• High Color: Determines the color of the high lines and labels.
• Low Color: Determines the color of the low lines and labels.

8월 26일

릴리즈 노트

-Fixed minor bug that caused the first bar of the day on stock charts to be identified as premarket when extended hours are not enabled.

어제

릴리즈 노트

-Adjusted for daylight savings