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rvc8280

Decision Points for Trading

rvc8280  
Trend Analysis dp decisionpoints trading PDL PDH orb PDC BRN
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trendanalysis dp decisionpoints trading pdl pdh orb pdc brn
Simple script to highlight
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 daily analysis and intraday trading - Decision Points(DP's) are critical and will be using this simple script.
Open-source 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.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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