شعار "Previous Day Equilibrium (Premium & Discount)"
Previous Day Equilibrium (Premium & Discount)
0.0
12/08/2025
0
Desktop

Tired of spending forever marking your charts? This indicator does it for you super fast.

It finds the middle point between the previous day's high and low, and plots it on your charts. Now you can scan your charts super quick. Easy peasy!

Some Cool Features
Customizable Reference Timeframe: You can choose a min and max timeframe to plot significant price levels, which helps align your intraday trades with broader market trends.

What make this indicator special is the ability to follow the weekly candle as it prints on a day to day basis making it easier to catch the expansion of the weekly candle.

Offset Parameter: This feature lets you decide how far into the future the plotted levels extend, giving you a clearer picture of potential future price continuation zones.

Visual Customization: You have plenty of options to tweak line styles, thickness, and colours, making it easy to create a chart that fits your personal style and is easy to read.

Timeframe Restrictions: The indicator includes checks to make sure it only works within your specified timeframe settings, so you can avoid chart clutter as you cycle through other timeframes.


Points to Note:

A personal favourite

Are you like me and cannot stay away from lipstick on your charts, then try this indicator. Has a timeframe restrictions and lookback period functionality aimed at reducing chart clutter.

This indicator is useful in following how the weekly candle develops; If the weekly expansion exhibits signs of a bullish order flow then the pivot levels on this indicator visualize areas or zone to join the bullish expansion similarly, If the weekly expansion exhibits a bearish order flow then the pivot levels on this indicator visualize areas or zone to join the bearish expansion


Installation: Start by downloading and installing the Previous Day Equilibrium, on your cAlgo platform.

Setup: Open the settings to pick your reference timeframe, choose how many previous days you want to plot, and customize the visual settings to your liking.

Analysis: As you trade, keep an eye on the plotted levels on your chart. These levels indicate where price might reverse from might be based on historical price action, helping you make more informed decisions.

Execution: Use these levels to determine your entry and exit points, as well as stop-loss and take-profit orders, integrating them into your overall trading strategy.


Recommended Companion Tools:

cTrader: This is the best platform for using the Previous Day Equilibrium, providing a smooth experience for customization and analysis.

Technical Analysis Tools: Pair this indicator with other tools like moving averages or oscillators to get a more complete view of market trends.

Risk Management Tools: Utilize calculators and stop-loss tools to help manage your risk effectively while trading around these key levels.

By using the the Previous Day Equilibrium, alongside these tools, you can enhance your trading strategy and increase your chances of success in the fast-paced world of intraday trading.

More from this author
ICT Killzone and Sessions high_low
This indicator is an essential tool for traders seeking to visualize key trading sessions on their charts.
مؤشر
xauusd
commodities
FVG_tidypips
A Fair Value Gap (FVG) indicator that identifies potential price imbalances, potential reversal and continuation zones
Previous Day Liquidity Zones (PDH - PDL)
Useful indicator for traders who want to visualize key price levels based on previous daily highs and lows.
Daily Open Pivot Level
This indicator is a valuable tool for traders looking to identify significant opening price level of any asset.
Moving Average channel
This indicator is designed to display customizable moving averages (MAs) on a chart.
مؤشر
commodities
xauusd
True Open Pivot Levels
This indicatorFull Description: Th shows the open price lines at key market times based on Eastern Standard Time (EST).
Drawing Utility
A rectangular box with 5 adjustable Fibonacci level or even custom ones.
قد يعجبك أيضًا
VolumeRenkoRange
Volume for Renko/Range Chart
rvwap v1
Rolling VWAP with dynamic or fixed time window, customizable source price and standard deviation bands.
مؤشر
indices
rsi
StochasticRSI
Stochastic RSI (StochRSI) is a technical indicator used to measure the strength and weakness of the RSI.
Bollinger Bands Breakout Oscillator (+ Alerts)
BB Breakout Oscillator with alerts! Spot trend reversals using Bollinger Bands. Bullish/Bearish crossovers Alerts.
مؤشر
forex
crypto
scalping
+1
Market Structure SNR + Auto Bias
Market Structure Indicator – Your Trading Map in a Noisy Market. No more Panicking Which one, Where, Why and How.
مؤشر
forex
indices
vwap
+11
FBX VWAP
FBX VWAP Anchored — Professional VWAP
TS_Pivot
Those who are involved in trading know how important it is to take into account the previous session. With Order Block
مؤشر
rsi
macd
Multi-Timeframe Market Levels
Unlock market insights with our Multi-Timeframe Market Levels indicator, enhancing your trading strategies effortlessly
Flex VWAP
Flexible VWAP indicator with timezone-aware, custom time periods and automatic DST handling.
مؤشر
forex
vwap
rsi
+2
Market Cipher B
Market Cipher B
IR Macd on Chart
this indicator show macd on chart.
مؤشر
eurusd
Compare Symbol
Plots chosen symbol's close price, candlestick (wick, body) on cTrader chart, supports multiple timeframes.
CRT Pattern Indicator
The CRT indicator helps ICT traders identify candlestick patterns, enhancing analysis of higher timeframe on lower
مؤشر
signal
IM_AngleIndicator
Indicator that calculates the slope of a moving average (SMA) and displays the value of the slope in degrees
TrendMagicOptimized
Clean trend indicator using CCI & ATR. Highlights up/down trends with adaptive, no-repaint lines.
session final
Comprehensive time session indicator
MM-Symbol Info (Pro)
NEW - PNLs as % - daily, weekly, monthly, or yearly & Spread, Time To Close, PNL Alerts, custom Bid / Ask lines
Institutional FVG Zones MTF with Confluence
Professional Fair Value Gaps with multitimeframe spot on