ICT Premium/Discount

With that you can easily see wheter the price is currently high, low or balanced compared to the prices in the selected time period.
I also added a gray dotted vertical line to the chart which represents the beginning of your selected time period
You can choose the time period on your own and you can also customize the color and style of the lines.
Your lines may get printed in a separate window. To fix this, click on the indicator and select
Move to -> existing pane above
Your lines also may stay stuck on the same place on the chart and are not fixed to a high/low. To fix this, right-click on the left price scale and select
Merge all scales into one -> on the right
With that you can easily see wheter the price is currently high, low or balanced compared to the prices in the selected time period.
I also added a gray dotted vertical line to the chart which represents the beginning of your selected time period
You can choose the time period on your own and you can also customize the color and style of the lines.
Your lines may get printed in a separate window. To fix this, click on the indicator and select
Move to -> existing pane above
Your lines also may stay stuck on the same place on the chart and are not fixed to a high/low. To fix this, right-click on the left price scale and select
Merge all scales into one -> on the right
It now calculates the high/low/middle since the start of the previous month.
For example: Today is July 7th. Then the indicator calculates the high/low/middle beginning from June 1st.
So now you don't have to adapt the date daily just to calculate the PML (Previous Month Low) and PMH (Previous Month High).
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
Per un accesso rapido a un grafico, aggiungi questo script ai tuoi preferiti: per saperne di più clicca qui.
Declinazione di responsabilità
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
Per un accesso rapido a un grafico, aggiungi questo script ai tuoi preferiti: per saperne di più clicca qui.