PROTECTED SOURCE SCRIPT
Auction Theory Price Levels
Updated
Knowing the levels where price might find support or resistance is critical in trading. These are the levels where buyer or sellers previously showed up.
A bull trend is recognized by higher highs and higher lows on a daily or weekly chart whereas a bear trend is recognized by lower highs and lower lows. Knowing where these daily and weekly levels are will help to expect when and where a bounce or rejection might occur. Alternatively a break of these levels might hint at a change in trend. As they say, never get bullish at the top or bearish at the bottom until the level is broken and held.
This indicator adds these critical levels to the chart and let you hide the ones that are not important to your style of trading (all times are in US Eastern)
- pre-market (4am to 9:30am): low, high, mid
- previous day; low, high, close
- previous week: low, high
- current week: high, low
- initial balance (9:30am to 10:30am): low, high
- current session: open, low, high, mid
If you like the indicator, please like and share!
Thank you!
A bull trend is recognized by higher highs and higher lows on a daily or weekly chart whereas a bear trend is recognized by lower highs and lower lows. Knowing where these daily and weekly levels are will help to expect when and where a bounce or rejection might occur. Alternatively a break of these levels might hint at a change in trend. As they say, never get bullish at the top or bearish at the bottom until the level is broken and held.
This indicator adds these critical levels to the chart and let you hide the ones that are not important to your style of trading (all times are in US Eastern)
- pre-market (4am to 9:30am): low, high, mid
- previous day; low, high, close
- previous week: low, high
- current week: high, low
- initial balance (9:30am to 10:30am): low, high
- current session: open, low, high, mid
If you like the indicator, please like and share!
Thank you!
Release Notes
Open Range Timeframe is now selectableRelease Notes
Minor fixRelease Notes
VWAPsRelease Notes
option to change VWAP colorRelease Notes
Fix for p_Close when using RTHRelease Notes
Preset to optimize for use with Trend Trader IndicatorRelease Notes
Previous Close fix for all time chartsRelease Notes
Default value changeRelease Notes
- RTH Open fixed for SPXRelease Notes
- Fixed multi-day VWAPs- Option to fill Open Range area
Release Notes
- Multi-day VWAP fixedRelease Notes
Ignore 8am candle for pre-market levels as it noisyRelease Notes
Fixed previous day valuesRelease Notes
Use 2-day vwap with Trend TraderRelease Notes
VWAP label fix when disabledRelease Notes
minor updateRelease Notes
Golden Zone Fibonacci levels shown while inside opening rangeRelease Notes
Minor fixRelease Notes
Turn on Open Range FibsRelease Notes
Daily ATR levels for CALL / PUT triggers- credit for the idea goes to satymahajan
Release Notes
Auto Golden Zone works better for screen shots.Release Notes
Mark lower / higher highs / lowsRelease Notes
Support and resistance levelsRelease Notes
Option to disable HHLL pricesRelease Notes
optimized HHLL codeRelease Notes
9,20,200 EMAs addedRelease Notes
EMA timeframe selectionRelease Notes
EMA timeframes updatedRelease Notes
Overnight values are useful for futuresRelease Notes
regression fixRelease Notes
Ignore noisy candles from 8am to 8:04amRelease Notes
Tweezer Top / Bottom markersRelease Notes
- Option to show all tweezer regardless of trend direction- Fixed previous day levels for futures
Release Notes
Tweezer candles open / close need to be within 3 ticks of each otherRelease Notes
Fixed HTF EMA to be more accurateRelease Notes
Cleaner when used with Trend Trader (checkbox)Release Notes
General cleanupRelease Notes
Tweezer top/bottom hidden below 5-min chartRelease Notes
Option for All Tweezers on small candles tooRelease Notes
Alarm name fixed for TweezersRelease Notes
Option to not show HHLL linesRelease Notes
EMAs now use Close instead of HLC3 as sourceRelease Notes
Hourly 50ema and 200ema plotted when "Use with TrendTrader" selectedRelease Notes
Tweezer alarm on candle closeRelease Notes
Fixed IB on futures; it was painted until midnightRelease Notes
Mark London OpenRelease Notes
London Open RangeRelease Notes
London Hi/Lo for futuresRelease Notes
Minor fixRelease Notes
London Open now uses Plot instead of Line so that it is user customizableRelease Notes
SimplifiedRelease Notes
Fix for London Hi / Lo valuesRelease Notes
remove debuggingRelease Notes
Tweak to TweezersRelease Notes
Alert when VWAP and 2-day VWAP crossRelease Notes
Calculation error fixRelease Notes
Removed alerts so that you can use TV custom alert configRelease Notes
Fix SPX previous day valuesRelease Notes
8am noise not filtered for futuresRelease Notes
Fix premarketRelease Notes
Re-fix :)Release Notes
EMA4 addedDefault EMAs:
9,20,50,200
Release Notes
Alerts for Tweezer, HHLL and VWAP crossing 2-day VWAPRelease Notes
More robustRelease Notes
Less messy chartRelease Notes
Asia LevelsRelease Notes
Bull / Bear Candle by Candle ControlRelease Notes
Asia Open Range fixRelease Notes
Daily levels using plots againRelease Notes
Asia levels until closeRelease Notes
Asian levels fixRelease Notes
Fixed TypoRelease Notes
Better chart exampleRelease Notes
Fix for previous week's close that was delayed by 1 candleRelease Notes
Remove dev test codeDisclaimer
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