Decision Points for TradingSimple 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.
PDC
CPR By VijayMani1. CPR implemented for Daily Time frame. Ref. from pivotboss.com
2. Support and Resistance implemented for Daily Time frame
3. 50 % line implemented between each level for Daily Time frame. It will help to book the profit quickly at 50% level
4. Previous Day Low and High implemented.