Opening Price Lines

17 thg 8, 2024

This script allows the user to set 16 custom opening time price lines and labels, as well as 4 vertical lines to delineate times of the day.

Opening price is crucial for PO3 and OHLC/OLHC market strategies. If you are bearish, you want to get in above the opening price of a candle; conversely if you are bullish you want to enter below the opening price of a candle.

This indicator will aid in identifying time clusters in price as well as identifying important times for whatever strategy the user employs.

*Many thanks to TFO for the framework from which this indicator was created.*

13 thg 3

Phát hành các Ghi chú

Added the ability to offset the labels to the right up to 50 candles.