Previous Day Candle [ApexFX]

21 thg 11

Previous Day Candle is a precision tool designed for intraday traders who rely on previous daily structures to find support and resistance.

While most indicators simply mark the previous high and low, this tool focuses on Session Continuity. It highlights the full 24-hour range of the previous day and extends those levels into the "Killzone" of the current trading day (up to 2:00 PM EST / 12:00 PM MST).

Why use this? Market reaction often occurs at the previous day's extremes. By extending these lines into the current session, you can easily spot:

Breakouts: Price pushing through yesterday's high.

Failed Auctions: Price sweeping yesterday's low and reversing.

Support/Resistance Flips: Old highs becoming new support.

Main Features:

Asset Class Presets: Don't worry about timezones. Simply select your market:

Forex: Aligns to the standard 5:00 PM EST New York Open.

Indices: Aligns to the 6:00 PM EST Globex Open.

Crypto: Aligns to UTC Midnight.

Custom: Full manual control for specific needs.

Visual "Boxing": Vertical dotted lines clearly demarcate the start and end of the previous trading day.

Dynamic History: Choose to show just yesterday's levels or look back at the last 5+ days.

Smart Color Coding: The indicator automatically cycles colors for each day (Blue = Yesterday, Green = 2 Days Ago, etc.), making it instant to read historical price action.

Best Used On: Intraday timeframes (5m, 15m, 1h).

21 thg 11

Phát hành các Ghi chú

Changed indicator's short name

21 thg 11

Phát hành các Ghi chú

Version 1.2

Added version number

24 thg 11

Phát hành các Ghi chú

Version 1.3

Fixed plot markings to include the last hour candle of the day. Indicator should now be marking high/low from 5pm EST to 4pm EST as the Previous Day Candle.