Corak carta
RRC Sniper SetupElaborates Mike's RRC method.
his is how the pros time high-conviction options plays without chasing or bleeding theta.
We use the RRC Method: Reclaim → Retrace → Confirm
This is your sniper playbook for clean, high-odds entries. Let’s break it down 👇
5m chart: Draw VWAP, EMA 21, prior high/low
1m chart: Watch for reclaim + retrace + confirmation
THEN
Options flow or volume spike = green light
RRC is a reaction model. Use 5-min for setup, 1-min for execution. Hope this helps
🔁 1. RECLAIM – Momentum Trigger
Price reclaims a key level:
– VWAP
– Prior support/resistance
-EMA 113 1 MIN/ EMA 21 5 MIN
– Psychological zone (e.g., 5000 on SPX)
– Opening range high/low
This move traps sellers and signals bulls are back.
Most traders FOMO here — don’t. You wait.
📉 2. RETRACE – Setup Zone
Price pulls back to retest the reclaim level.
You want: – Tight candles
– Lower volume
– Wick holds
– No panic selling
This is where you prepare the strike, expiration, and plan.
✅ 3. CONFIRMATION – Green Light
Buyers step in, trendline breaks, or volume surges.
Once price holds and pushes, it confirms the setup.
👉 This is your entry.
J-Hook Long/Short Strategy6-24-25 updated rsi enigma algo to catch long and short signals for NQ intraday.
Daily Candle BoxDaily candle overlay, high, low, and candle color based on open and close
Charts included in script: '3m', '5m', '15m', '1H'
1. Visualizes Key Daily Levels on Lower Timeframes:
The indicator overlays the previous day’s high and low as a box on a lower timeframe chart (e.g., 5-minute). This highlights critical support and resistance levels from the daily timeframe, making it easier to see where price might react without switching to a daily chart.
Use Case: Traders can identify potential reversal or breakout zones on intraday charts, aligning lower timeframe trades with higher timeframe structure.
2. Simplifies Intraday Trading Decisions:
By showing the previous day’s range (high to low) as a box, it provides a clear context for intraday price action. For example, if the price approaches the box’s top (previous day’s high), traders might anticipate resistance or a breakout.
Use Case: Useful for scalpers or day traders who need to quickly assess whether the price is near significant daily levels for entries, exits, or stop-loss placement.
3. Highlights Daily Candle Direction:
The box’s color (green for bullish, red for bearish) indicates whether the previous day’s close was above or below its open. This provides a quick visual cue about the prior day’s market sentiment.
TitansAlgo Sureshots - DemoDemo version - Shows signal only after execution
To get full access you'll need to visit www.titansalgo.com
Long Term RSILong-Term RSI:
Purpose:
To identify trends and potential entry/exit points within the context of longer-term market cycles.
First 15-min Candle High/LowFirst 15-Min Candle High/Low – Intraday Range Indicator
This script plots the High and Low of the first 15-minute candle of the trading day using:
🟢 Green horizontal line for the first 15-min High
🔴 Red horizontal line for the first 15-min Low
These levels are commonly used by intraday traders as:
Breakout zones
Support/resistance levels
Entry/exit reference points
The script is designed to reset daily and is especially helpful for index and equity traders operating during market open volatility.
⏰ Optimized for markets operating in IST (Indian Standard Time), such as NSE/BSE, starting at 09:15 AM.
🛠️ How to Use:
Apply on 15-minute or lower timeframes
Ideal for breakout strategies, opening range setups, or volatility scalping
ATR Spike KienthogoATR Spike Kienthogo
This indicator, titled "ATR Spike Kienthogo", is designed to visualize volatility spikes in the market by comparing the current Average True Range (ATR) against a dynamic threshold. The threshold is calculated as an EMA-smoothed ATR multiplied by a user-defined factor. When the current ATR exceeds this threshold, the indicator highlights it as a spike event, further classified by price direction (up or down).
The script features:
Configurable ATR smoothing methods: RMA, SMA, EMA, WMA.
Customizable spike detection threshold via spike_multiple.
Conditional color plotting of ATR:
Spike + Price Up → Green
Spike + Price Down → Red
Non-spike → User-defined neutral color, adaptive to candle direction (greenish for bullish candles, reddish for bearish candles).
This script is especially useful for:
Detecting volatility expansions.
Enhancing entry/exit timing during strong directional moves.
Confirming breakout strength or trap signals in low-volatility regimes.
The logic maintains clean separation between spike vs. non-spike conditions and offers full control over color coding for better visual integration in multi-indicator environments.
My script5
indicator("Bounce from 150-DMA", overlay=true)
// ממוצע נע 150 ימים
ma150 = ta.sma(close, 150)
// תנאי: מחיר קרוב לממוצע נע (±1%)
proximity = abs(close - ma150) / ma150 < 0.01
// תנאי: נר נוכחי סוגר מעל קודמו (עלייה)
bullish_candle = close > close
// תנאי: נר נוכחי מעל ממוצע נע
above_ma = close > ma150
// כל התנאים יחד – Bounce מה-150DMA
bounce_signal = proximity and bullish_candle and above_ma
// ציור אינדיקטור גרפי
plot(ma150, color=color.orange, title="MA150")
plotshape(bounce_signal, location=location.belowbar, color=color.green, style=shape.triangleup, size=size.small, title="Bounce
DAILY LEVELDAILY LEVEL Indicator User Guide-especially for crypto
This indicator automatically draws five horizontal lines on your chart, representing the previous trading day's High, Low, Mid (average of High and Low), Open, and Close prices. Each line is labeled with its corresponding value. It is designed for intraday traders to quickly reference key price levels from the previous day, helping to identify support/resistance and make trading decisions.
"pdH / pdL / pdEQ / pdOpen / pdClose" Correspond to the previous day's High, Low, Mid, Open, and Close, respectively.
You can customize the color and style (solid, dotted, dashed, arrow, etc.) for each line.
"Line Width (width)": Sets the thickness of all horizontal lines (range: 1–5).
"Distance": Sets the horizontal offset of the labels from the current bar to avoid overlapping with candles (range: 1–200).
1.Add the Indicator
2.On the TradingView chart, click "Indicators," search for, and add this script.
3.Customize Parameters: Adjust the color, style, line width, and label distance for each line in the settings panel to suit your preferences.
4.Indicator Display: The indicator will automatically display the previous day's High, Low, Mid, Open, and Close as horizontal lines on the far right of the chart, with value labels (e.g., pdH: 1234.56) next to each line.
DAILY LEVEL 指标用户说明
本指标用于在K线图上自动绘制加密货币前一交易日的高点(High)、低点(Low)、中点(Mid)、开盘价(Open)、收盘价(Close)五条水平线,并在每条线上显示对应的数值标签。适用于日内交易者快速参考前一日关键价位,辅助判断支撑/阻力和交易决策。
pdH / pdL / pdEQ / pdOpen / pdClose分别对应前一日的高点、低点、中点、开盘价、收盘价。
每项都可自定义线条颜色和样式(实线、虚线、点划线、箭头等)。
线宽width: 设置所有水平线的粗细,范围1~5。
distance距离: 设置标签距离当前K线的水平偏移量,避免标签遮挡K线,范围1~200。
添加指标:在TradingView图表页面,点击“指标”,搜索并添加本脚本。
自定义参数:可在参数面板中调整每条线的颜色、样式、线宽和标签距离,满足个性化需求。
指标显示:指标会自动在图表最右侧显示前一日的高、低、中、开、收五条水平线,并在每条线右侧显示对应的数值标签(如:pdH: 1234.56)。
ICT IRL & ERL ZonesICT IRL & ERL Zones
This indicator visualizes Internal Range Liquidity (IRL) and External Range Liquidity (ERL) levels, based on ICT (Inner Circle Trader) concepts. It's designed to help traders identify key liquidity zones that often act as magnet levels or reversal points in price action.
🔍 How It Works
Lookback Range: The script analyzes the highest high and lowest low over a user-defined number of candles (default: 50).
IRL (Internal Range Liquidity):
Plots the highest high and lowest low within the lookback period.
Represented as orange lines and a shaded zone.
ERL (External Range Liquidity):
Extends the IRL boundaries by a small buffer (50 ticks above/below).
Visualizes zones where price may reach for liquidity beyond the current range.
Plotted as a green (high) and red (low) line.
⚙️ Inputs
Lookback Range: Number of candles to calculate the range (min 5).
Show IRL: Toggle visibility for Internal Range Liquidity zone.
Show ERL: Toggle visibility for External Range Liquidity buffer zone.
📊 Visual Elements
IRL High/Low: Orange lines with fill to mark the main liquidity range.
ERL High/Low: Green and red lines indicating potential liquidity sweep zones.
Zone Fill: Light orange shading to visually emphasize the IRL area.
📈 Use Case
Use this tool to:
Identify areas where price might consolidate or reverse.
Highlight likely zones of liquidity grabs before trend continuations or shifts.
Enhance entry/exit decisions based on smart money concepts.
Dominance Interflow DThis indicator visualizes the normalized dominance levels of key sectors in the crypto market, including Bitcoin, Ethereum, Stablecoins, and the Altcoins as grouped market segments.
All dominance values are normalized between 0 and 1 for clear visual comparison. This allows traders and analysts to:
- Track capital rotation and dominance shifts
- Identify Altseason setups or defensive market phases
- Spot Risk-On / Risk-Off sentiment based on Stablecoin dominance
- Evaluate market breadth through altcoin tracking
📊 Included Data Series:
- 🟧 Bitcoin Dominance (BTC.D)
- 🔵 Ethereum Dominance (ETH.D)
- ⚪ Stablecoin Dominance (STABLE.C.D)
- 🟥 Without Top 50 Coins (TOTALE50.D)
- 🟥 without Top 100 Coins (TOTALE100.D)
🧠 Smart Normalization:
Automatically adjusts based on timeframe
500 candles for Daily (1D)
💡 Use this tool to understand macro capital flows, identify crypto sector trends, and optimize your asset rotation strategy.
TitansAlgo Sureshots v2Overview:
The TitansAlgo Sureshots indicator is a breakout trading strategy designed to capitalize on the first candle of the market session. It identifies buy and sell signals based on price breakouts and automatically calculates stop-loss (SL) and take-profit (TP) levels using a risk-reward ratio (RR) parameter.
Entry Logic:
A buy signal is generated when price breaks above the first candle’s high.
A sell signal is generated when price breaks below the first candle’s low.
The system ensures only one trade per day to avoid overtrading.
Risk Management:
The stop-loss (SL) is placed at the opposite side of the first candle’s range.
The take-profit (TP) is calculated dynamically using the Risk-Reward Ratio (RR) input (default = 2.0).
Visual Signals & Alerts:
Green dots (Buy Signal) appear below bars when a long position is triggered.
Red dots (Sell Signal) appear above bars when a short position is triggered.
Buy and Sell Labels appear on the next candle to confirm trade signals.
Lines for TP and SL are drawn on the chart for better visualization.
Custom Styling:
Background highlights the first candle of the session.
Candles are color-coded:
Green for bullish bars
Red for bearish bars
Wick colors match candle sentiment
Ideal for Traders Who:
✅ Prefer breakout trading strategies based on market structure.
✅ Want a simple yet effective system with built-in risk management.
✅ Need clear visual signals for entry and exit points.
✅ Trade on intraday timeframes and follow structured trading rules.
This indicator is designed to provide high-probability trade setups, making it a valuable tool in the TitansAlgo suite for traders looking to optimize their market entries and exits. 🚀
Sell to Buy / Buy to SellSell to Buy / Buy to Sell — Momentum Shift Detector
The Sell to Buy / Buy to Sell indicator detects simple but powerful two-bar momentum shift patterns directly on your chart, offering early insights into potential reversals or strong breakout continuation.
🔎 How it works:
Sell to Buy (StB):
Previous candle (bar -1) is bearish
Current candle (bar 0) is bullish
The bullish candle closes above the high of the previous bearish candle
Confirmed only after bar close
Buy to Sell (BtS):
Previous candle (bar -1) is bullish
Current candle (bar 0) is bearish
The bearish candle closes below the low of the previous bullish candle
Confirmed only after bar close
🎯 Key Features:
✅ Pure price action logic — no indicators, no oscillators
✅ Immediate visual markers:
Green "StB" label for bullish momentum shifts
Red "BtS" label for bearish momentum shifts
✅ Full alert system to notify you in real-time when either pattern occurs
⚙ Who is this for?
Scalpers looking for short-term momentum shifts
Swing traders identifying potential reversals or breakout confirmations
Price action traders who want clean and objective setup detection
The Sell to Buy / Buy to Sell indicator is designed to give you clear and simple signals whenever the market shows decisive strength after a short-term opposite move — potentially marking the start of a new impulse.
Engulfing Bar AggressiveEngulfing Bar Aggressive
Engulfing Bar Aggressive is a precise price action indicator designed to detect strong bullish and bearish engulfing patterns in an aggressive way. This tool is perfect for traders who want early and confirmed signals based purely on candle formations, without relying on any indicators or moving averages.
🔍 Core Logic
The indicator scans for 2-bar engulfing patterns with additional strict conditions:
Bullish Engulfing
Current candle closes bullish (close > open).
Previous candle closes bearish (close < open ).
Current close completely engulfs previous open and high.
Current open is below previous close.
Signal triggers only after bar closure (confirmed pattern).
Bearish Engulfing
Current candle closes bearish (close < open).
Previous candle closes bullish (close > open ).
Current close completely engulfs previous open and low.
Current open is above previous close.
Signal triggers only after bar closure (confirmed pattern).
🛠 Features
Clear visual markers on the chart (green for bullish, red for bearish).
Configurable generic alert to receive notifications for any engulfing pattern detected.
Dedicated alerts for bullish and bearish engulfing setups.
Works on any timeframe and any market.
🎯 Use Case
Ideal for breakout traders, reversal traders, or as part of a multi-factor strategy.
Can be combined with support/resistance zones, ATR exhaustion levels, or trend filters for enhanced accuracy.
ORB Strategy Professional FinalORB (Opening Range Breakout) Strategy Guide – Updated Outline
Overview
I asked this script to be programmed based on my parameters and strategy. Feel free to utilize it.
A structured approach to trading the Opening Range Breakout (ORB) strategy, emphasizing:
Confirmation-based entries
Time-based high-probability setups
Contextual filters for directional bias
Robust risk management and scaling protocols
ORB Entry Criteria
A. Identify the Opening Range (ORB)
Define the ORB using the session’s initial breakout (up or down).
B. Confirm the Breakout Direction
Wait for a 5-minute candle close in the direction of the breakout.
Alternatively, use candlestick confirmation, such as the 3-bar play.
C. Optional Entry Confirmations
Magic 8 Ball Algo – Adds confidence to directional entries.
Gamma Levels – Identify potential support/resistance zones.
Context Filter: 200 SMA (5-Minute Chart)
Use the 200-period Simple Moving Average (SMA) to validate trade direction:
Price above 200 SMA → Favor long trades.
Price below 200 SMA → Favor short trades.
If signal suggests short, but price is above the 200 SMA, wait for a third confirmation candle before entry.
I had the please of working with SpeedEdge_Securities who kind enogh to program it feel free to contact them.
api.whatsapp.com
ORB + Fib ZoneAllows user to adjust range of ORB. The box in the middle is the Fibonacci range between 38.2% and 61.8% designed for pullbacks into the ORB as confirmation before entry. Alerts can be set if the candle closes above or below the ORB.
ORB + Fib ZoneAllows user to adjust range of ORB. The box in the middle is the Fibonacci range between 38.2% and 61.8% designed for pullbacks into the ORB as confirmation before entry.
HyperFlowIntroduction
HyperFlow is a premium market structure and liquidity rotation model built around the principles of internal inefficiencies, tested imbalances, and delivery shifts. Drawing inspiration from ICT concepts, it provides a high-level framework for identifying smart money footprints and timing entries with precision.
Rather than forecasting direction, HyperFlow focuses on recognizing repeatable delivery behaviors — helping traders visually track liquidity shifts from internal ranges to external objectives with consistency.
Core Philosophy
Markets are governed by the logic of liquidity engineering — the search and destruction of internal inefficiencies (Fair Value Gaps), followed by continuations toward external liquidity.
Timeframes to use:
HTF -> LTF
5m -> 15s
15m -> 1m
1h -> 5m
4h -> 15m
Daily -> 1h
Weekly -> 4h
Monthly -> 1D
HyperFlow identifies these transitions by:
Detecting High Timeframe Fair Value Gaps (HTF FVGs) — structural imbalances created by displacement
Tracking Valid Tests of those FVGs — signaling willingness to respect internal structure
Filtering for Delivery Confirmations — only acting when price delivers with intent through reclaimed imbalances
Mapping Risk and Objective Zones — using recent swing structures to define stop and target logic rooted in market logic
All components are reactive, visual, and non-repainting — designed to highlight structure after it forms, not anticipate it prematurely.
Key Features
Internal Range Liquidity Zones: Cleanly marked HTF imbalances show where price may seek efficiency
Tested FVG Filtering: Signals only form on valid rebalances — we wait for proof, not potential
Shift in Delivery Conditions: Price must show intent to reclaim imbalance before any rotation is considered
Automatic Objective Mapping: Recent structural highs/lows are used to project stop and target zones automatically
Session Filters + Time Alignment: Restrict signals to high-probability hours or defined killzones
Minimal, High-Impact Visuals: Tested/untested FVGs are differentiated by transparency and tone, keeping your chart clean and focused
HyperFlow is built for:
Traders who understand price delivery theory
Analysts studying displacement → reversion → continuation
Those seeking higher timeframe bias alignment through tested structure
Users of ICT-based concepts who want a visual, rules-based companion
This is not a beginner's tool. It’s for those seeking repeatable execution through structure and refinement, not guesswork.
Terms and Conditions
Our charting tools are products provided for informational and educational purposes only and do not constitute financial, investment, or trading advice. Our charting tools are not designed to predict market movements or provide specific recommendations. Users should be aware that past performance is not indicative of future results and should not be relied upon for making financial decisions. By using our charting tools, the purchaser agrees that the seller and the creator are not responsible for any decisions made based on the information provided by these charting tools. The purchaser assumes full responsibility and liability for any actions taken and the consequences thereof, including any loss of money or investments that may occur as a result of using these products. Hence, by purchasing these charting tools, the customer accepts and acknowledges that the seller and the creator are not liable nor responsible for any unwanted outcome that arises from the development, the sale, or the use of these products. Finally, the purchaser indemnifies the seller from any and all liability. If the purchaser was invited through the Friends and Family Program, they acknowledge that the provided discount code only applies to the first initial purchase of any SMCapital product. The purchaser is therefore responsible for cancelling – or requesting to cancel – their subscription in the event that they do not wish to continue using the product at full retail price. If the purchaser no longer wishes to use the products, they must unsubscribe from the membership service, if applicable. We hold no reimbursement, refund, or chargeback policy. Once these Terms and Conditions are accepted by the Customer, before purchase, no reimbursements, refunds or chargebacks will be provided under any circumstances.
By continuing to use these charting tools, the user acknowledges and agrees to the Terms and Conditions outlined in this legal disclaimer.
3-Bar Sweep Reversal with Alertstrap indicator! 3 bar reversal indicator that the third candle sweeps the lows or highs of the second candle then closes above or below.
CRYPTOPASTOR SR PROCRYPTOPASTOR SR PRO
The ultimate automated support, resistance, and trade setup toolkit.
Description
CRYPTOPASTOR SR PRO is the all-in-one solution for traders who want to combine powerful, automated support and resistance analysis with actionable trade setups. This indicator moves beyond simple lines on a chart; it identifies and draws the most statistically significant S/R zones and then uses that data to automatically generate potential Entry , Stop Loss , and Take Profit levels for you.
Built for both discretionary and systematic traders, SR PRO cleans up your workflow, removes manual guesswork, and provides a clear, data-driven foundation for your trading decisions.
Pro Feature: Dynamic Trade Setups
This is the core of the PRO version. It transforms the S/R analysis into a complete trade planning tool.
Automatic Trade Opportunities: Based on the indicator's core S/R analysis, the Pro version automatically identifies potential trade opportunities as they form.
Intelligent Trade Bias: It determines a trade bias (Long or Short) by evaluating the current price's proximity to the nearest major support or resistance zone.
Automatic Trade Levels: For each potential setup, the script instantly calculates and plots:
An Entry Level based on the middle of the key S/R zone.
A smart Stop Loss placed with a calculated buffer outside the zone.
Up to five Take Profit levels targeting subsequent S/R zones.
Core Engine: Advanced S/R Detection
At its heart, the SR PRO is powered by an advanced engine that automates the most tedious parts of technical analysis.
Dynamic Pivot Detection: It constantly scans the chart for the most recent and relevant Pivot Highs and Pivot Lows, which are the building blocks of price structure.
Intelligent Zone Clustering: Instead of just drawing a line at every pivot, SR PRO groups multiple nearby pivot points into a single, cohesive zone. This technique reveals areas where price has repeatedly reacted, making them much more significant.
Strength-Based Filtering: A zone's "strength" is determined by how many pivots it contains. The indicator filters out weak, unreliable zones and only displays those that meet a minimum strength requirement, removing noise from your chart.
Full Features List
Automated Trade Setups with Entry, Stop Loss, and Take Profit levels.
Dynamic Support & Resistance Zones that update with new price action.
Clean Zone Labels showing the timeframe and price level, pinned to the right side of your chart.
Strength-Based Algorithm to ensure only the most significant levels are shown.
Built-in Alerts for when a key support or resistance level is broken.
Fully Customizable settings to tailor the indicator to any market or timeframe.
Customizable Settings (Inputs)
Setup
Pivot Period: Controls the sensitivity of pivot detection.
Source: Use candle High/Low or Close/Open for calculations.
Maximum Number of Pivot: Sets the memory for how many recent pivots are analyzed.
Maximum Channel Width %: Defines how close pivots must be to form a zone.
Maximum Number of S/R: The maximum number of S/R zones to display.
Minimum Strength: The minimum number of pivots required to form a valid zone.
Trade Setup
Show Trade Setups: Globally turn the Entry/SL/TP feature on or off.
Number of Take Profit Levels: Choose how many TP targets to display (1 to 5).
Stop Loss Buffer %: Customize the buffer size for the automatically generated Stop Loss.
Colors
Label Location: Controls how far to the right the price labels are drawn.
Line Style & Width: Customizes the appearance of the S/R zones.
Resistance & Support Color: Set your preferred colors for all zones.
Alerts
You can set up the following alerts in TradingView's alert menu:
Resistance Broken: Triggers when price breaks and closes above a resistance zone.
Support Broken: Triggers when price breaks and closes below a support zone.
Support or Resistance Broken: A combined alert that triggers for either condition.
Crypto Pastor SR - LITESupport & Resistance - Lite (SR Lite) is a clean, powerful, and lightweight indicator designed to automatically identify and draw the most significant support and resistance zones on your chart.
This tool is built for traders who rely on key price levels but want to avoid the clutter of complex indicators. It does the hard work of finding historical price turning points and intelligently clustering them into strong, actionable zones, allowing you to focus on your strategy.
This "Lite" version contains the complete, powerful S/R detection engine, ideal for traders who want a clean chart focused purely on key levels without the trade setup features (Entry/Stop Loss/Take Profit) of the Pro version.
How It Works
The indicator's logic is both sophisticated and intuitive:
Dynamic Pivot Detection: It constantly scans the chart for the most recent and relevant Pivot Highs and Pivot Lows. These are the fundamental building blocks of price structure.
Intelligent Zone Clustering: Instead of just drawing a line at every pivot, SR Lite groups multiple nearby pivot points into a single, cohesive zone. This technique reveals areas where price has repeatedly reacted, making them much more significant than a single point.
Strength-Based Filtering: Not all zones are created equal. A zone's "strength" is determined by how many pivots it contains. The indicator filters out weak, unreliable zones and only displays those that meet a minimum strength requirement, removing noise from your chart.
Clean & Automated Charting: The strongest zones are automatically drawn and extended into the future. As new price action unfolds, the zones dynamically update to reflect the most current market structure.
Features & Visuals
Support & Resistance Zones: These are the primary visual element, drawn as transparent boxes.
Green Zones: Indicate Support levels currently below the price.
Red Zones: Indicate Resistance levels currently above the price.
Price Labels: Each zone is accompanied by a clean text label on the right-hand side of the chart, showing:
The Timeframe the zone was identified on (e.g., "4H").
The exact Price Level of the zone's midpoint (e.g., "108697").
Built-in Alerts: Create alerts to be notified immediately when a key level is broken.
Previous Daily High/LowUnderstanding Previous Daily High and Low in Trading
The previous day’s high and low are critical price levels that traders use to identify potential support, resistance, and intraday trading opportunities. These levels represent the highest and lowest prices reached during the prior trading session and often act as reference points for future price action.
Why Are Previous Daily High/Low Important?
Support & Resistance Zones
The previous day’s low often acts as support (buyers defend this level).
The previous day’s high often acts as resistance (sellers defend this level).
Breakout Trading
A move above the previous high suggests bullish momentum.
A move below the previous low suggests bearish momentum.
Mean Reversion Trading
Traders fade moves toward these levels, expecting reversals.
Example: Buying near the previous low in an uptrend.
Institutional Order Flow
Market makers and algos often reference these levels for liquidity.
How to Use Previous Daily High/Low in Trading
1. Breakout Strategy
Long Entry: Price breaks & closes above previous high → bullish continuation.
Short Entry: Price breaks & closes below previous low → bearish continuation.
2. Reversal Strategy
Long at Previous Low: If price pulls back to the prior day’s low in an uptrend.
Short at Previous High: If price rallies to the prior day’s high in a downtrend.
3. Range-Bound Markets
Buy near previous low, sell near previous high if price oscillates between them.