This indicator displays the High/Low/Close of the previous day/week/month as horizontal lines. Of course, everything is configurable but to keep it simple and non-intrusive it only displays:
month's H/L/C levels on D time frame (drawn as circles)
week's levels on 4h (as crosses)
day's levels on 1h (as line)
These levels act as support / resistance over and over again, see current (08/24/2020) BTCUSD chart, the previous month's close (blue circles) did act as support and held on 08/11, also prev month's high (red circles) was not broken on 08/21. Once these levels break we might see lower prices but so far both of them act as good support to consider.
릴리즈 노트
⋅
Add a small feature to display month/week/day's price levels on all intraday time frames. Enabled by default and customizable in Settings.
릴리즈 노트
⋅
- Upgrade script to Pine 5 and rewrite logic
릴리즈 노트
⋅
Configurable history settings for all time frames (D, W, M) and all price levels (H, L, C).
@n00bita here you go, configurable history for all time frames and all price levels. On the other hand showing price levels for Asian session only is not possible at the moment, it's a bit challenging but I will give it a try next week, maybe a totally different beast indicator ;).
n00bita
⋅
@icostan, i did try to use the updated version of this , but still found out that the high and low of all time frames are presented with a multiple cross or circles(i choose cross or circle here) that shows itself like a horizontal line, can you put an option that only present itself wit a single circle only or cross on that specific high or low? sample: if i use price breaks indicator, i only see a single circle located on the previous daily high/low price(exact price or above/below it) together with the previous weekly hi/low.
akumar1057
⋅
Hey!
This is quite effective in daily time frame. However, this indicator isnt showing levels when time frame is set to 1 hour. Could you please help?
Thanks in advance :D
icostan
⋅
@akumar1057, it is on purpose to keep everything clean, on 1h time frame it will be too crowded to display all levels but I will think about it and make an optional setting. Stay tuned...