It draws a line to the previous day's close and generates a long/buy signal if the candle close is above the previous day's close for short periods, and generates a short/sell signal if the candle close is below the previous day's close. it makes more sense to use it in 1-minute periods. in the settings section day close = the previous day's close line Tp lines...
Another indicator that shows Open, High, Low, Close on multiple timeframes. It can be used to discover possible support/resistance areas on lower timeframes. Other indicators may do the same thing but just added some custom timeframes
Bars that change color to red/green when the price closes below/above Simple MA
I made this to serve as a reminder if a candle is not closed yet. This is to avoid entering a trade based on a candle that is not closed because this candle could look alot different by the time it closes. Good luck.