OPEN-SOURCE SCRIPT
Updated Dynamic Intraday HLC levels [Sudeb]
This is a simple indicator which will mark High & Low of last three days.
Close of Previous Day
The High lines will show in RED color, Low lines in green & close lines in Yellow.
The advantage of using this indicator is - It will greyed out or fade the color of any previous day level if the price is breached of that level.
For example if 2 day's ago High price is breached by 1 day's ago High, then the 2 Day's ago High level color will greyed out in current day chart. Thus giving you a confirmation whether it's a fresh or already tested levels.
Close of Previous Day
The High lines will show in RED color, Low lines in green & close lines in Yellow.
The advantage of using this indicator is - It will greyed out or fade the color of any previous day level if the price is breached of that level.
For example if 2 day's ago High price is breached by 1 day's ago High, then the 2 Day's ago High level color will greyed out in current day chart. Thus giving you a confirmation whether it's a fresh or already tested levels.
Release Notes
Few code modifications have been made. Release Notes
Few code updates have been made. Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.