OPEN-SOURCE SCRIPT

Prior Day High and Low Rays

Updated
Prior Day High and Low Rays

This custom TradingView indicator projects rays from the prior day's high and low prices, helping you visualize key levels of support and resistance from the previous trading day. The rays extend to the right, continuing from the prior day's high and low throughout the current trading day.

Features:
Displays a ray starting at the prior day's high price.
Displays a ray starting at the prior day's low price.
Rays extend to the right and are only plotted for the immediate prior day.
Customizable ray color and width through the indicator settings.
Use Case:
Track important price levels from the previous day that can act as support or resistance.
Customize the appearance of the rays to match your chart's style and preferences.
This tool is designed for traders who want to incorporate prior day price action into their analysis and maintain a clean, customized chart display.

Release Notes
This custom TradingView indicator projects rays from the prior day's high and low prices, helping you visualize key levels of support and resistance from the previous trading day. The rays extend to the right, continuing from the prior day's high and low throughout the current trading day.

Features:
Displays rays from the prior day's high and low prices.
Rays extend rightward, marking important price levels.
Optional floating text labels ("Prior Day High" and "Prior Day Low") that can be toggled on or off.
Customizable ray color, width, and label text color.
Customization Options:
Ray Color: Adjust the color of the rays for the prior day’s high and low.
Ray Width: Change the width of the rays to suit your chart style.
Label Visibility: Toggle the display of the "Prior Day High" and "Prior Day Low" labels.
Label Text Color: Customize the text color for the labels.
Use Case:
Track important price levels from the previous day that may act as support or resistance.
Use the optional labels to clearly identify these levels with customizable appearance settings.
This tool is designed for traders who want to incorporate prior day price action into their analysis and maintain a clean, customizable chart display.

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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 publication is governed by House rules. You can favorite it to use it on a chart.

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