OPEN-SOURCE SCRIPT
Boqorre
Indicator: Yesterday's High/Low Only
This custom TradingView indicator visually marks the high and low of the previous trading day on your chart, providing a clear reference for market conditions. It displays two key levels:
Yesterday's High (Green Line): Representing the highest price reached during the previous day, this level can often act as a resistance point.
Yesterday's Low (Red Line): Showing the lowest price of the previous day, this level may act as a support area.
Key Features:
Lines: The indicator draws dotted lines that extend to the right by 72 bars and infinitely to the left, making it easy to track these important levels.
Labels: Labels are placed directly at the high and low levels to give immediate clarity. The "Yesterday's High" label appears above the green line, while the "Yesterday's Low" label appears beneath the red line.
Previous Daily High/Low Labels: Additional labels are placed for both the previous daily high and low, positioned slightly above and below the respective lines for further clarity and context.
Benefits:
Helps traders identify key support and resistance zones based on the previous day's price action.
Improves technical analysis by visually marking significant price levels, making it easier to spot potential breakout or breakdown points.
The indicator is automatically updated daily, and the lines are drawn dynamically as soon as a new trading day begins.
Whether you're looking to track market movements, identify potential reversal points, or just need a reference for market structure, this indicator will add value to your charting setup
This custom TradingView indicator visually marks the high and low of the previous trading day on your chart, providing a clear reference for market conditions. It displays two key levels:
Yesterday's High (Green Line): Representing the highest price reached during the previous day, this level can often act as a resistance point.
Yesterday's Low (Red Line): Showing the lowest price of the previous day, this level may act as a support area.
Key Features:
Lines: The indicator draws dotted lines that extend to the right by 72 bars and infinitely to the left, making it easy to track these important levels.
Labels: Labels are placed directly at the high and low levels to give immediate clarity. The "Yesterday's High" label appears above the green line, while the "Yesterday's Low" label appears beneath the red line.
Previous Daily High/Low Labels: Additional labels are placed for both the previous daily high and low, positioned slightly above and below the respective lines for further clarity and context.
Benefits:
Helps traders identify key support and resistance zones based on the previous day's price action.
Improves technical analysis by visually marking significant price levels, making it easier to spot potential breakout or breakdown points.
The indicator is automatically updated daily, and the lines are drawn dynamically as soon as a new trading day begins.
Whether you're looking to track market movements, identify potential reversal points, or just need a reference for market structure, this indicator will add value to your charting setup
Script open-source
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publications is governed by House rules. Per aggiungerlo al grafico, mettilo tra i preferiti.
Vuoi usare questo script sui tuoi grafici?
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.