Quick dirty code for personal use. Plots previous OHLC levels based on a selected time-frame on the chart.
Not bad if you want to see different time-frame levels.
Fill function can serve to highlight the daily range (high-low or open-close) on non-standard charts
Uses base code from JayRogers
It turned out not to be that easy to plot the close of the previous week in hourly or daily charts. In my first experiments things went wrong on Friday or intraday if you simply use the security function. So here is the thing with an algorithm that guaranties the correct value.
High probable Long Setups for any time frame and asset.
75+ win rate
Trailing stop always used as exit point
To trade only with the trand - enable MAs in the Inputs tab
x - means Entry signal is active and waiting for long validation
B - on a closed bar is entry signal for long
C - on a developing bar is exit long signal
Green line - long validation line. must...
I have recently been reading How to Day Trade for a Living by Andrew Aziz and one of the important support and resistance levels he talks about is the Previous Day Close Price.
I did not find an indicator that would simply plot this so I wrote a short simple pine script to plot the indicator.
Please feel free to edit or suggest improvements.
Week and or Day Display of Open, Close, High & Low.
In the settings under Input can be activated individually:
In the settings under Style every single element can be activated as well as the colors and appearance can be adjusted. It is important that under the point Input the fields were activated which are needed.
GRAB THE LASTEST VERSION HERE:
This indicator shows when the candle is entering New York, London or Asia Kill Zone (open market).
gray: 30min before market opens.
red, green, orange: First 1 hour with 10min focus bands.
silver: complete 30min session market until close.
Set this hours for...
This is the same as my background up/down except it displays a column to show if the stock is above or below the previous day close.
When looking at numerous charts, you can instantly see if they are up or down for the day. For me, I like to be going long on the stocks that are already moving up and short on the ones that are moving down. When using lower time...
This 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.
it's a repainting script cheating on tester, on backtesting %100 correct but on forward testing it will only work % 15 correct and %85 wrong. I did another script showing real forward testing results of this script.
I made this to serve as a reminder if a candle is not closed yet. This is to avoid entering a trade based on a candle that is not closed because this candle could look alot different by the time it closes. Good luck.