Opinicus PDH/PDL/ONH/ONL Labels

Oct 26, 2024

Opinicus PDH/PDL/ONH/ONL Labels is a powerful indicator designed for futures and index traders, particularly for products like NQ (NASDAQ 100 Futures) and ES (S&P 500 E-mini Futures). This private script highlights key price levels, offering clear, actionable insights to enhance your trading strategy.

🔑 Key Features:
Prior Day High (PDH) & Prior Day Low (PDL):
Automatically labels the highest and lowest price levels from the previous trading day.

Overnight High (ONH) & Overnight Low (ONL):
Marks critical price points during the overnight session, providing valuable support and resistance levels.

Color-Coded Labels:
Easily distinguish between PDH, PDL, ONH, and ONL with distinct colors for quick reference during active trading.

Oct 28, 2024

Release Notes

Corrected overnight high and overnight low value calculation

Nov 5, 2024

Release Notes

Added prior day volume point of control as a notable reference point to the script

Added the ability to show the values in the price axis

Nov 5, 2024

Release Notes

Fixed a bug where ONH and ONL were not displaying properly during RTH

Mar 14

Release Notes

Updates made to label display.

Apr 16

Release Notes

- Updated regular session hours definition to fix a bug
- Updated default settings

May 29

Release Notes

Opinicus Reference Point Labels - Key Market Levels Indicator

This indicator displays important reference levels for intraday trading, optimized for lower timeframes (30s, 1m, etc.).

Levels Displayed:
PDH - Prior Day High
PDL - Prior Day Low
PDC - Prior Day Close (4:15 PM EST close)
VPOC - Prior Day Volume Point of Control
ONH - Overnight High (6:00 PM - 9:30 AM EST)
ONL - Overnight Low (6:00 PM - 9:30 AM EST)

Features:
Clean horizontal lines with labels for each level
Customizable colors for all levels
Adjustable label offset and line extension
Price scale display for quick reference
Volume profile calculation for VPOC

Update Notes:
Fixed historical buffer overflow errors on lower timeframes
Added Prior Day Close (PDC) level
Improved line drawing logic for better performance
Enhanced stability on 30-second and 1-minute charts

Settings:
Customize colors for each level type
Adjust label positioning
Configure line extension length
Set number of price bins for VPOC calculation

Perfect for day traders who need quick visual reference to key market levels. Works seamlessly across all timeframes.

Jun 23

Release Notes

This indicator displays critical intraday reference levels with enhanced customization options, designed for futures traders who rely on key price levels for their trading decisions.
Key Features:

Prior Day High (PDH) - Yesterday's RTH high
Prior Day Low (PDL) - Yesterday's RTH low
Prior Day Close (PDC) - Yesterday's RTH close
Overnight High (ONH) - Current overnight session high
Overnight Low (ONL) - Current overnight session low
Volume Point of Control (VPOC) - Prior day's highest volume price level
Midnight Open (12AM) - Opening price at midnight ET (new day reference)

Unique Benefits:
✓ 6 PM ET Update Timing - Levels update at the start of overnight session (6 PM ET) instead of RTH close, providing stable reference points during the critical 4:15-6:00 PM analysis window
✓ Clean Chart Display - No squiggly lines or chart clutter - just clean horizontal levels
✓ Full Customization - Adjust colors, line width (1-5), line style (solid/dashed/dotted), label size, and toggle label backgrounds
✓ Smart Session Detection - Automatically tracks RTH (9:30 AM - 4:15 PM ET) and overnight sessions
✓ Extended Lines - Levels extend from session start through current bar plus customizable extension

Jun 27

Release Notes

Update to how the Prior Day's Close (PDC) is calculated