Daily High/Low by Enes

há 3 dias

🔥 Features:
✅ Daily high & low as continuous lines extending to the right
✅ Automatic daily updates
✅ Labels ("Daily High" & "Daily Low") directly on the chart

anteontem

Notas de Lançamento

The Daily High/Low Indicator marks the highest and lowest price levels reached during the current trading day. It dynamically updates as new price data comes in and extends lines to the right, making it easy to track key levels throughout the day.

Features
Dynamic Daily High and Low: The indicator continuously tracks and updates the highest and lowest price points of the current day.
Customizable Colors: Users can modify the colors of the high and low lines, as well as the text labels, to match their charting preferences.
Automatic Labeling: The indicator displays labels at the end of the extended lines, marking the “Daily High” and “Daily Low” with user-defined colors.
Real-Time Updates: The lines adjust throughout the day as new highs or lows are reached, ensuring accurate levels at all times.
How It Works
At the start of a new trading day, the indicator resets the high and low values.
As price action develops, it updates the high and low levels whenever a new extreme is reached.
The indicator draws horizontal lines at these levels and extends them to the right.
Labels are placed at the end of the lines to clearly indicate the high and low.
Previous day's high and low lines and labels are removed to keep the chart clean.
Use Case
Support and Resistance Levels: Daily highs and lows often act as key support or resistance zones, making them useful for traders.
Breakout Trading: Traders can watch for price action around these levels to identify potential breakouts or reversals.
Trend Analysis: Monitoring whether price consistently makes new highs or lows can help determine market trends.
Customization
Users can adjust:
The color of the high line
The color of the low line
The text color of the high label
The text color of the low label
This makes the indicator highly adaptable to different chart styles and personal preferences.

anteontem

Notas de Lançamento

🔥 Features:
✅ Daily high & low as continuous lines extending to the right
✅ Automatic daily updates
✅ Labels ("Daily High" & "Daily Low") directly on the chart

anteontem

Notas de Lançamento

🔥 Features:
✅ Daily high & low as continuous lines extending to the right
✅ Automatic daily updates
✅ Labels ("Daily High" & "Daily Low") directly on the chart