Algoryze

Previous Day High and Low + Separators Daily/Weekly

Previous Day High and Low + Separators Daily/Weekly is an indicator based on separators of days and weeks and at the same time points out the previous highs and lows, everything is marked by lines, it consists of creating a clean graph and separated by the different trading days, referring to the extreme points created the previous day.



USEAGE
Point to each day of the week at the top of the chart to get a time location in your trading week and day sparation determined by 00:00 of any timezone.

The reference of the previous day's higs and LOWS is vitally important to understand which direction is most likely for the next day, either continuation or reversal.



DETAILS
As you can see you will be able to adapt these lines according to your chart design and with the desired intensity of appearance.



SETTINGS

UTC OFFSET: Determine your TIMEZONE in this section.

DAILY SEPARATOR: You have the option to change the color, style, width and text color.

WEEKLY SEPARATOR: You have the option to change the color, style, width and text color.

PREVIOUS HIGS & LOWS: You have the option to change the color, style, width and text color.

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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