Key Levels: Daily, Overnight, Weekly + Labels

This indicator automatically plots the most critical market levels that institutions and active traders monitor daily. It is designed for intraday precision, scalping, day trading, and context framing across all asset classes.

What It Plots

The script dynamically draws and labels:

1️⃣ Daily Levels

Today’s High / Low

Yesterday’s High / Low / Close

These levels help define intraday bias, breakout zones, and trend continuation or rejection areas.

2️⃣ Overnight Session Levels

Automatically detects the Globex / Overnight session (4:00 PM–4:00 AM) and tracks:

Overnight High

Overnight Low

Useful for identifying liquidity zones, gap direction, and early-session ORB behavior.

3️⃣ Weekly Levels

Previous Week’s High / Low

Ideal for swing context, weekly ranges, institutional targeting levels, and mean reversion setups.

🧠 Smart Automation

The indicator resets and redraws levels when:

A new trading day begins

A new weekly session starts

All lines include auto-extending levels and clean right-hand labels with color coding for instant visibility.

🎨 Clean and Lightweight Visuals

Uses dynamic arrays to track and clear historical drawings.

Labels are small, unobtrusive, and positioned to the right for easy reference.

Colors follow directional bias conventions

Green = Today High

Red = Today Low

Orange = Yesterday Levels

Purple = Overnight

Blue = Weekly

🧩 Perfect For

Scalpers

Intraday bias mapping

Liquidity/stop-run detection

ORB, VWAP, and trend-reversal setups

Weekly swing bias anchoring