ICT Previous Day Levels |MC|

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ICT Previous Day Levels |MC|

💎 Overview: 💎

The ICT Previous Day Levels script provides a clear visualization of the previous trading day's High, Low, and key intra-range levels (Quarter lines and EQ Midline) directly on your chart. Designed for intraday and daily analysis, it helps traders quickly identify potential support/resistance levels and price bias from the prior day.

💎 Features: 💎

💎 Previous Day High (PDH) & Low (PDL)
🔸 Shows the high and low of the previous trading day.
🔸 Lines are extended dynamically to the current bar for intraday visibility.
🔸 Historical lines are maintained for a configurable number of days.

💎 Quarter Lines (25% & 75%)
🔸 Drawn between the previous day's high and low.
🔸 Helps identify key intra-day retracement levels.
🔸 Historical quarter lines are kept and cleaned dynamically, similar to PDH/PDL logic.

💎 EQ Midline (50%)
🔸 Represents the midpoint of the previous day’s range.
🔸 Useful for assessing market balance and potential mean-reversion zones.
🔸 Historical EQ lines are dynamically stored and limited by the number of days set by the user.

💎 Customization Options:
🔸 Toggle visibility of PDH, PDL, Quarter Lines, and EQ Midline.
🔸 Adjustable line colors, widths, and styles.
🔸 Configurable label sizes with consistent formatting.
🔸 Dynamic extension of lines to the current bar, with historical cleanup.

💎 Daily and Weekly Dividers:
🔸 Optional daily and weekly session markers for additional context.
🔸 Historical dividers are automatically maintained according to your “days to show” setting.

💎 Use Case: 💎
Ideal for intraday traders, swing traders, or anyone using prior day ranges to determine bias, support/resistance, or target zones. This script visualizes key levels efficiently and keeps your chart clean with automated history management.

🔹 Warning: Do not trade based on this indicator alone. Always use it in combination with other
analysis and risk management techniques.

Happy Trading!

14 giờ trước

Phát hành các Ghi chú

💎 Description / Release Notes / Changelog: 💎

With this version, I have added:

🔸 Weekly Open (W.O):
Displays the opening price of the current weekly candle, starting at the true weekly market open on Sunday evening. Only the current week is shown, providing a clear reference for weekly bias and intraday directional context.

🔸 Previous Week High (PWH) and Low (PWL):
Plots the highest and lowest prices of the previous weekly candle. These levels serve as higher-timeframe references and potential resistance or support, commonly monitored as liquidity levels during the current week.

🔸 Previous Week EQ (PW.EQ):
Draws the midpoint (50%) of the previous weekly candle, offering a quick reference for the balance point of the prior week’s range.

⚠️ Disclaimer ⚠️
This indicator is for educational and analytical purposes only.
It does not provide financial advice or trading signals.
Always apply proper risk management.

Happy Trading!