Previous Day Projection Levels

Unlock precision trading with dynamic Fibonacci projections based on yesterday’s price action.

This indicator automatically calculates the previous day’s high and low, determines the range, and then projects Fibonacci levels both above and below that range — giving you instant reference points for potential support, resistance, and breakout zones.

Key Features

• 📅 Automatic Previous Day High & Low detection
• 📏 Range-based Fibonacci projections at 38.2%, 50%, 61.8%, and 100% levels
• 🔼 Above previous high: Four Fibonacci levels for bullish continuation targets
• 🔽 Below previous low: Four Fibonacci levels for bearish continuation targets
• 🎯 Segment-only lines starting from today’s first bar — no clutter across the chart
• 🏷 Price labels at the right edge for quick, at-a-glance reference
• 🎨 Customizable colors and line thickness to match your chart style

Why Traders Love It

• Clear intraday roadmap: Know exactly where key levels are before the session starts.
• Dual-direction analysis: Plan for both upside and downside moves.
• Time-saving automation: No manual drawing or recalculation needed.
• Works on any timeframe: From scalping to swing trading.

Perfect For

• Day traders looking for precise breakout targets
• Swing traders identifying key retracement zones
• Anyone who uses Fibonacci levels as part of their strategy

💡 Tip: Combine this indicator with your favorite momentum or volume tools to confirm entries and exits around these projected levels.