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itradesize /\ Previous Liquidity x ICTI’d like to introduce a clean and simple RTH gap and liquidity levels indicator with additional Asian and London ranges, along with standard deviation levels and many customizable options. Previous D/W/M highs and lows are areas where liquidity tends to accumulate. This is because many traders place stop-loss orders around these levels, creating a concentration of buy stops above the previous day's high and sell stops below the previous day's low. High-frequency trading algorithms and institutional traders often target these areas to capture liquidity. What the indicator could show in summary? - Regular trading hours gap with deviations - Asia with deviations (lines or boxes) - London with deviations (lines or boxes) - Weekdays on chart - 3 AM candle marker - Previous D/W/M levels - Important opening times (08:00, 09:30, 10:00, 14:00, 00:00, 18:00)
- Daily separators By marking out the previous day's highs and lows, traders can create a framework for their trading day. This helps in identifying potential setups and understanding where significant price action might occur. It also aids in filtering out noise and focusing on the most relevant price levels. These levels can also act as potential reversal points. When the market reaches a previous high or low, it might reverse direction, especially if it has raided the liquidity resting there. This concept is part of a strategy where traders look for the market to raid these levels and then reverse, providing trading opportunities  The indicator shows previous liquidity levels on a daily, weekly, and monthly basis. It also displays opening times at 8:30, 9:30-10:00, 14:00-00:00, and 18:00. Opening times are crucial in trading because they help define specific periods when market activity is expected to be higher, which can lead to better trading opportunities.  The script has been made mostly for indices. You can create various entry and exit strategies based on the indicator. Please remember, that adequate knowledge of ICT is necessary for this to be beneficial.
 You might wonder why only these times are shown. This is because these are the times when the futures market is active or should be active. It's important to note that opening times can vary between different asset classes. 18:00 A new daily candle open 00:00 Midnight open 02:00 New 4-hour candle open 08:30 High-impact news 09:30 NY Equities open 10:00 New 4-hour candle open The concept of "Asian Killzone Standard Deviations" involves using the Asian trading session's price range to project potential price movements during subsequent trading sessions, such as the London or New York sessions. This is done by calculating standard deviations from the Asian range, which can help traders identify potential support and resistance levels. You can create a complete model by exclusively focusing on the Asian time zone. Deviations within this zone may have varying impacts on future price movements, and the Interbank Price Delivery Agreement (IPDA) often reflects Asia's high, close, and low prices. A similar approach can be taken with the London time zone. The standard deviation levels within each zone could potentially serve as support or indicate reversals, including liquidity hunts. It's important to backtest these ideas to gain reliable insights into when and where to apply them. * Asian Range: This is the price range established during the Asian trading session. It serves as a reference point for calculating standard deviations. * London Range: The same applies to the London range as well. Combine standard deviation projections with other technical analysis tools, such as order blocks or fair value gaps, to enhance accuracy. * Standard Deviations: These are statistical measures that indicate the amount of variation or dispersion from the average. In trading, they are used to project potential price levels beyond the current range. You can also use regular trading hours gap as a standalone model. The 4 STDV and 2.5 STDV levels are important for determining the high or low of the current price action.  The RTH gap is created when there is a difference between the closing price of a market at the end of one trading day and the opening price at the start of the next trading day. This gap can be upward (gap higher), downward (gap lower), or unchanged. It is significant because it often indicates market sentiment and can create inefficiencies that traders look to exploit. Alternatively, you can combine these elements to create a complete strategy for different scenarios.
Pine Script™ indicator
by itradesize
Previous Candle + Inside/OutsideThe script uses the previous candle of the current timeframe to assess the state of the current candle. 1. Previous candle high/low and midpoint are displayed 2. Highlights current bar if INSIDE previous candle 3. Highlights current bar if POTENTIAL OUTSIDE bar. This condition uses the logic that if the previous high/low has been swept and price then reaches previous bar 50%, then an OUTSIDE bar is possible. 4. If current candle breaks previous high/low, a label is added to identify. 5. If above condition is true and current candle color is opposite of previous, then label is highlighted to show possible bull/bear condition. 6. If current candle live price is below previous midpoint, a BEAR label is shown 7. If current candle live price is above previous midpoint, a BULL label is shown I personally use the indicator on Daily/Weekly/Monthly charts to help with my overall market assessment. However users may find their own use for the indicator...or modify it to their own preferences. As ever, the indicator should only be used with live trading accounts after thorough backtesting using a large data range.
Pine Script™ indicator
by malk1903
10
Key Levels by myooThis indicator plots key levels on the chart and can put a label on the price scale. These levels can act as important support and resistance and cause big reactions. • Open, High, Low, and EQ for the current day, previous day, current week, previous week, current month, previous month and current year. •To show the levels on the price scale, you need to right click on the price scale, select "Labels" and turn on "Indicator and financial name labels" and "Indicator and financial value labels". •In the settings under "Style", disable the "Labels" for a clean look. In the settings window you can change the way the lines are drawn: •Minimal: Lines are being drawn to the right for a clean chart. •Standard: Lines are being drawn from the open bar of said period. •Additionally, if you do not like to have the labels on the price scale, you can turn them of in the settings under the "Style Tab" by deactivating "Labels on price scale". In this case, you can use the labels from the indicator itself, that are being drawn above the price line on the chart. Use the "Offset" setting to dial in the position to your preference. Enjoy trading!
Pine Script™ indicator
by francomyoo
Previous Range Values, BasicOur P.R.V (Previous Range Values)(Basic) indicator is pretty simple; it plots the previous ranges of the high/low for the structured timeframes. This helps to quickly identify the primary Historical supports and resistances according to the Gregorian time structure. Additionally, a 'custom' field allows for a wider selection other than the scripts default, however the custom selection uses the pre-defined timeframes opposed to manual inputs since the conversion is in minutes and would limit/cap the available range. The plotted lines are designed to remain "out of the way" from the current candle. To disable a range, simply change the opacity to 0% Additional script features allow for fully adjustable settings and configurations: • Adjustable; Range Colors • Adjustable; Toggles
Pine Script™ indicator
by Operietur
Percent Levels From Previous CloseThis indicator plots on the chart +/- 1% / 2% / 3% ranges based on the previous day's close levels. Disclaimer : Success in trading is all about following your trading strategy and indicators should fit into your own strategy, and not be traded purely on. This script is for informational and educational purposes only. Use of the script does not constitute professional and / or financial advice. You are solely responsible for evaluating the outcome of the script and the risks associated with using the script. In exchange for the use of the script, you agree not to hold monpotejulien TradingView user responsible for any possible claims for damages arising out of any decisions you make based on the use of the script.
Pine Script™ indicator
by Julien_Eche
16
4C Daily Levels Suite + Premarket High/LowThis '4C Daily Levels Suite + Premarket High/Low' indicator is a clean way to automatically plot important daily levels including: Prior Day High Prior Day Low Prior Day Close 50% level between Prior High/Low Today's Open Today's Premarket Low+High This Daily Levels indicator is unique in its ability to: -Plot all of the daily level PLUS premarket high/low levels (extended hours must be turned ON) -Can hide past days levels, only plotting levels on the current day, to keep chart cleaner -Can extend line levels right or fullscreen -Plots the level price at each level on the chart -Can show/hide price levels labels -Can add supplemental premarket levels plot to show levels being formed during the premarket time period -Coded with line.new vs plot so dashed lines are available as a style -Automatically hides the indicator if the timeframe selected is Daily or greater SEE SCREENSHOT EXAMPLES BELOW Default mode, with extended hours showing: With supplemental premarket plot showing: Default mode without extended hours showing: Showing past day’s levels Extend lines to fullscreen Some parts of this code were adapted from 'pd Levels' by CryptoCurl
Pine Script™ indicator
by FourC
58
Previous Period Levels - X Alerts====== ABOUT THIS INDICATOR - A simple but highly customisable display of previous higher time-frame OHLC values, drawn using line.new and label.new. Nothing fancy but... - Customised resolution input which excludes time frames lower than 1 hour while extending the common higher reference inputs to include: • 6, and 12 Hour • 5 Day • 3, and 6 Month • 1 Year - Alert conditions using an adjustable SMA to help reduce false positive spam. - Full visual customisation options for (almost) every aspect, so it can be tuned to suit most individual preferences. - In line with the miriad visual customisation options is the ability to change the display format of the Labels, to show more or less information, or disable them altogether. ====== REASON FOR STUDY - To practice advanced user input option handling to allow for a full visual customisation experience without stepping outside of, or interfering with, the intended function of the indicator. - Provide reasonably clear code commenting and structure in order to be useful as a potential learning aid for others, and future reference for myself. ====== DISCLAIMER Any trade decisions you make are entirely your own responsibility. I've made an effort to squash all the bugs, but you never know!
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Previous Day High Low [NLB]Hello Everyone Its Previous Day High Low Indicator but advance and many of features. How to work its indicator? ➤ Its Previous day high low indicator if Previous day high break when Long signal if Previous day Low break when Short signal & you can also add buffer with Previous day high or Low Indicator Feature ➤ Long Signal with Alert ➤ Short Long Signal with Alert ➤ Take Profit with Alerts calculate by Previous day high or low by default 1 percent you can also change values ➤ Trailing Stop Loss with Alerts ➤ Previous Day High or Low Buffer ➤ Take Profit, Buffer, Trailing Stop Loss Value You can also choose Percentage or Point by default percent Important: This Indicator we are using for Automation Trading if You Want This Indicator Access Please Contact me PM on Tradingview
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HG Scalpius - Previous Bar HighlightHG Scalpius - Previous Bar Highlight This indicator highlights the 20th bar from the current bar and has the below applications for trading the HG Scalpius system: - Determining if trend mode off switch is triggered, failing to set a new higher (lower) close in the trend with 20 bars - Determining the highest (lowest) bar in the previous range to decide if a trade is high & tight bars_back = input(defval=20, minval=0, title="Bars Back") bgcolor(#9C27B0, offset=-bars_back, show_last=1) If you come across or think of any other useful scripts for the HG Scalpius system please comment below! Happy trading!
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Range: OHLC vs Previous OHLCThis will plot your choice of OHLC (or any of the averaging choices) of the current candle compared to the previous candle. For example if you choose "high" for the input and set the chart to daily, you'll see the currently daily high vs the previous daily high. Green candle represent a higher high and the length of the candle represents how much higher. Red candles represent a lower high than the previous day and the length is by how much lower. This indicator is pretty straight forward, look for me to build on this with something a little more elaborate in the near future.
Pine Script™ indicator
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FIRST 5-MINUTES ZONE AND HI-LO BRKOUTS..!FIRST 5-MINUTES ZONE -------------------------------- This script displays the first 5-Minutes high and low range zone and shades in gray color for identification of the zone. HIGH - LOW BREAKOUT ---------------------------- As we all know that a stock's best breakout level is its previous day's high or low. Hence I designed the script to automatically draw a line when the LTP is near or crossing Previous day's high or Low price, so that we can be sure in taking trading decisions. And added 30-EMA also PR.HIGH BREAKOUT ------------------------ PR.LOW BREAKOUT ------------------------ - hope this may be a little help for you traders for taking decisions. - HAPPY WEALTHY TRADING cheers SANJAY RAMANATHAN
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by sanjay_ramanathan
24