Get started

Dailylevels

HT: Intraday LevelsIndicator draws several most important intraday levels: last day RTH high/low, ETH high/low, Half Back, Day Close and current day RTH Day Open. These levels often act as support/resistance for intraday price movements. Also, they can help to assess day character and control of power. Indicator can be used for ETH + RTH sessions. Important notes: • User must specify RTH session time, appropriate for his time zone and exchange • Half-back is calculated as a middle line between RTH High and Low. • Day Close is always equal to close of the last bar of the previous day • RTH Day Open will be redrawn for the current day as soon as it is known (after RTH session opens and at least one bar gets confirmed). Known issues: • Day open will not be shown if there is no bar, clearly corresponding to RTH open time (e.g. if 4h timeframe is selected) • For some ETH sessions it is not possible to determine session’s last bar (this is pine script limitation) until next day trading starts. This means that daily levels will be also update with only then. Parameters: Date – user can select date, for which levels will be plotted. Works only if “Use” check box is on. Otherwise, levels will be plotted for the last day. (“time” value doesn’t matter; unfortunately, there is no way to hide the input box) RTH Open/Close time – it is important to specify time, appropriate for your time zone. Time zone – your chart time zone (as UTC offset) Visuals – controls visibility and colors Script is published as an open source. It uses two libraries: Levels Lib and Functions Lib. First one demonstrates how to work with pine-script object model and arrays. You can also reuse it in your custom scripts where there is need to construct any support/resistance levels. The second library contains some useful functions for working with time and dates. Disclaimer This indicator should not be used as a standalone tool to make trading decisions but only in conjunction with other technical analysis methods.
Pine Script™ indicator
by hermes_trisme
MUJBOT - ADVANCED DAILY OPENTitle: MUJBOT - ADVANCED DAILY OPEN Description: The "MUJBOT - ADVANCED DAILY OPEN" is a versatile and user-friendly TradingView indicator designed to enhance daily trading strategies by highlighting the daily open price on the chart. This indicator is particularly useful for traders who focus on intraday price movements around the opening price of the trading day. Key Features: Daily Open Line: Visually represents the opening price of each trading day on the chart, providing a clear reference point for the day's initial market sentiment. Dynamic Testing Counter: Keeps track of how many times the price tests or crosses the daily open level within the day. This feature offers insight into the significance and market reaction to the daily open price. Customizable Display: Includes an option to show or hide the daily open line and the testing counter label. Traders can easily toggle the display according to their preference, keeping their charts uncluttered. Real-Time Updates: The label and line are dynamically updated in real-time with each new price bar, ensuring traders have the most current information at their fingertips. Simplicity and Efficiency: With a straightforward design, the indicator adds minimal complexity to the chart while providing valuable trading information. Usage: Intraday Trading: Ideal for intraday traders, the indicator helps in identifying how the current price is behaving relative to the opening price, which can be a crucial factor in decision-making. Support and Resistance: The daily open can act as a natural support or resistance level. Monitoring how the price interacts with this level can provide insights into potential breakout or reversal opportunities. Trend Analysis: Observing the frequency of the daily open price being tested can give clues about the day's trend strength and potential continuation or reversal. Customization Options: Toggle the visibility of the daily open line and label. The line extends six bars ahead from the daily open for clear visibility. The label displays the daily open price and the count of how many times it has been tested. Conclusion: The "MUJBOT - ADVANCED DAILY OPEN" indicator is a valuable tool for traders who emphasize the importance of the daily open in their trading strategy. Its simplicity, combined with real-time tracking features, makes it an essential addition to the trader's toolkit on TradingView. Feel free to modify or add any additional details specific to your trading strategy or indicator functionality.
Pine Script™ indicator
by JohnyCardano
Previous Levels With Custom TimeZoneThe Previous Levels With Custom TimeZone indicator shows to users specifics price area which can be liquidity to take. Users can determine the desired time zone to retrieve the correct daily, weekly and monthly values. Several price area are shown with with indicator which are : Daily Open Price Daily Low Price Daily High Price Previous Daily Low Price Previous Daily High Price Previous Weekly Low Price Previous Weekly High Price Previous Monthly Low Price Previous Monthly High Price All price area are configurable to let user have specific color or line style for each area. Here's some example : Daily Open / High / Low Previous Daily High / Low Previous Weekly High / Low Previous Monthly High / Low
Pine Script™ indicator
by LudoGH68
16
ATR Daily LevelsPlots the daily ATR on the chart as upper and lower levels. It can be use to adapt your trading in high and low periods of market volatility, determine reasonable target or take profit, entry at likely mean reversion, stop loss beyond normal flows etc... More on the script behavior: - Daily ATR upper/lower levels are applied on the current day low/high; - The ATR value is defined by the last D1 bar; - Shows up to D1 timeframe; - Configuration for the indicator's period (default: 20 period ATR); - Configuration for plotting the indicator on the the x axis with an offset/at begining of the day (default: offset);
Pine Script™ indicator
by sbtnc
44