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Designed to track and project prior day high and low levels into the current trading session. It provides traders with reference points for potential support and resistance without being distorted by the unfinished intraday range of the active day.
Key Features
Prior-Day Anchoring
At the start of each new trading day, the indicator captures the previous day’s high and low.
Current-day developing highs and lows are ignored, ensuring only completed data drives level creation.
Dynamic Extensions
Each high and low level is extended forward intraday until price action mitigates (touches or crosses) the level.
When mitigated, the line is automatically “frozen” at the bar of contact and restyled to a new color.
This makes it easy to distinguish which historical levels remain active versus which have already been resolved by price.
End-of-Day Housekeeping
Optional setting allows all mitigated lines to be automatically removed at the end of each trading day, keeping charts uncluttered and focused only on active levels.
Trading Applications
Support & Resistance Mapping: Prior-day highs and lows are commonly watched areas where liquidity pools form and price often reacts.
Breakout & Reversal Signals: Monitoring if and when price mitigates these levels can help confirm breakouts or identify potential reversals.
Intraday Focus: By excluding developing highs and lows of the current session, the indicator emphasizes only proven, market-validated levels.
Key Features
Prior-Day Anchoring
At the start of each new trading day, the indicator captures the previous day’s high and low.
Current-day developing highs and lows are ignored, ensuring only completed data drives level creation.
Dynamic Extensions
Each high and low level is extended forward intraday until price action mitigates (touches or crosses) the level.
When mitigated, the line is automatically “frozen” at the bar of contact and restyled to a new color.
This makes it easy to distinguish which historical levels remain active versus which have already been resolved by price.
End-of-Day Housekeeping
Optional setting allows all mitigated lines to be automatically removed at the end of each trading day, keeping charts uncluttered and focused only on active levels.
Trading Applications
Support & Resistance Mapping: Prior-day highs and lows are commonly watched areas where liquidity pools form and price often reacts.
Breakout & Reversal Signals: Monitoring if and when price mitigates these levels can help confirm breakouts or identify potential reversals.
Intraday Focus: By excluding developing highs and lows of the current session, the indicator emphasizes only proven, market-validated levels.
Nota Keluaran
clean up imageNota Keluaran
Control over timeframe. default is daily and long look back. for shorter intervals a materially shorter look back is adviseable Nota Keluaran
name changeSkrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.