AlgoMaxx Prev OHLC

The AlgoMaxx Prev OHLC indicator provides a clear visualization of the previous day's Open, High, Low, and Close (OHLC) levels. These levels are crucial for understanding market structure, identifying support and resistance zones, and making informed trading decisions. The indicator is fully customizable and dynamically updates to ensure accuracy and clarity.

Key Features:
Prev. Day High/Low and Open/Close Levels:

Plots previous day's High/Low and Open/Close levels.
Toggle each level (lines and labels) on/off independently.
Customizable Lines and Labels:

Adjust line colors, styles (Solid, Dashed, Dotted), and widths.
Enable or disable labels for each level with customizable label colors.
Dynamic Updates:

Automatically updates levels daily.
Deletes old lines and labels to maintain a clean chart.
Efficient and Intuitive:

Designed to integrate seamlessly into any trading strategy with user-friendly customization options.
Indicator Logic:
Previous Day Levels Calculation:

The indicator uses Pine Script’s request.security function to fetch the previous day’s OHLC data from the daily timeframe ('D').
Dynamic Line and Label Management:

Persistent variables (var) store line and label references.
Old lines and labels are deleted and recreated at the start of each new day, ensuring a clutter-free chart.
Customizable Line Styles and Colors:

A mapping function (f_map_line_style) dynamically assigns line styles based on user input (Solid, Dashed, Dotted).
Separate inputs allow users to define distinct colors and styles for each level.
Independent Toggles:

Separate ON/OFF controls for High/Low and Open/Close lines and labels for maximum flexibility.
Clean Design:

The script ensures all plotted elements are dynamically adjusted to keep the chart clean and focused on actionable data.

How to Use:
Add the indicator to your chart.
Customize levels, colors, and styles via the "Inputs" and "Style" settings.
Analyze the plotted levels to identify key price zones for potential support, resistance, or breakout areas.