Previous Day Low ( PDL ), Previous Day High( PDH ), Previous Day Close( PDC )
Big round Numbers ( BRN )
High Of the Day (HoD)
Low Of the Day (LOD)
-- Will add more DP's going fwd .
Usage : Especially useful to trade on NIFTY /Bank Nifty without any additional specific indicators.
Especially for and intraday trading - Decision Points(DP's) are critical and will be using this simple script.
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 a publication is governed by House Rules. You can favorite it to use it on a chart.