Intraday Levels

Description

Intraday Levels is a lightweight, real-time price level indicator designed for intraday and short-term trading. It automatically tracks and labels key market levels as price evolves throughout the trading day, helping traders quickly identify important support and resistance zones without manual adjustment.

The indicator focuses on session-based highs and lows, updating live as new price action forms.

What It Shows

Premarket High (PMH)

Premarket Low (PML)

Afterhours High (AHH)

Afterhours Low (AHL)

Day High (DH) – Regular Trading Hours

Day Low (DL) – Regular Trading Hours

Each level is clearly labeled on the chart using concise tags (PMH, PML, AHH, AHL, DH, DL), with an optional price display for quick reference.

Key Features

Automatic level tracking
Levels update in real time as price moves—no manual refreshing or adjustments required.

Clean, uncluttered visuals
Uses labels only (no excessive lines), keeping charts readable on lower timeframes like 1m–10m.

Session-aware logic
Separately tracks Premarket, Regular Trading Hours, and Afterhours price action.

Graceful handling of extended hours data
Works reliably on symbols such as QQQ and SLV, even when premarket or afterhours data is limited or inconsistent.

Customizable labels

Toggle price display on labels

Adjust label offset for better visibility

Built for Pine Script v6 stability
Written with minimal, robust logic to avoid common compilation and runtime issues.

How to Use

These levels often act as intraday support and resistance, areas where price may:

Stall or consolidate

Reverse or reject

Break out with momentum

They are especially useful for:

Opening range context

VWAP and EMA confluence

Scalping and day trading setups

Options and index ETF trading

Best Timeframes

1m, 3m, 5m, 10m for scalping

15m–30m for intraday structure

Can also be used on 1h for session reference

Disclaimer

This indicator is for educational and informational purposes only and does not constitute financial advice. Always manage risk and confirm setups with your own trading plan.