This script can help in intraday trading. It can plot
1. Previous day high, low and close.
2. Intraday Fibonacci levels
3. Big Round Numbers
3. CPR (Central Pivot Range)
4. VWAP
Hello Traders,
This script best works on Indian Index (Tested on BANKNIFTY & NIFTY)
This indicator can be used only for day trading (intraday: ex: 5min, 15min Timeframes) on indices.
This script helps to plot
1. Central Pivot Range(CPR)
2. Previous Day Ranges (PDH & PDL)
3. Initial Balance(IB)
brief description of indicators:
1. CPR: Central Pivot Range -->...
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 -...
This script doesn't give buy or sell signals. It gives a reference point to the previous day's high and low as well as the previous week's high/low. This will be helpful for intraday trading decisions.
This script consists of:
1) to narrow down volatility - SSL crossover, which helps in defining a trend and index volatility
2) define support and resistance - Current day high/low and Previous day/week/month high and low (day high, day low, pdh,pdl,pwh,pwl,pmh,pml)
3) ema to define a trend - 6 different EMA, you also have the freedom to change the length of...
It is tracking Previous candle high and Previous candle low. It is an important script to trail PDH PDL system (and more importantly to create alerts) which is rampantly used by price action traders.
