As an intraday trader, there are certain key levels that I care about for short-term price action on every single chart. When I first began day trading, each morning I would painstakingly mark those key levels off on the charts I planned to trade each day. Depending on the number of charts I was watching, this would take up quite a bit of my time that I felt would...
- Draw boxes on the intersections between yesterday's high/low and the day's after high/low This will help you to visualize areas at extreme points where algo hasn't yet pushed price to recover them
The script below is designed to show up to 4 different trading sessions i.e. London, New York, Tokyo and Sydney sessions, it also displays the days each session is taking place in as well as two horizontal lines one for the previous days high and the other for the previous days low. It also displays a table that shows the user the highest and lowest price for 4...
This is not a simple CPR, this includes much more than a simple CPR. Typically a price action based trader use some other support and resistance combined with CPR and I am trying to combine all of them in one single indicator. In the case of CPR this indicator supports only daily CPR but shows Weakly and Monthly pivot if you want on chart. Other than CPR, this...
Settings Inputs for Lines 1. Last Price - Price follows the candle. Bullish candle - price level green, Bearish candle - price level red 2. Daily Open - Today's Daily Open line. Price above Daily open line - color green, Price below Daily open line - color red 3. Previous High Low/b] - Shows Yesterday's High Low lines. (PH - Previous High, PL -...