Previous Day Liquidity Zones (PDH - PDL)
Logo di "Previous Day Liquidity Zones (PDH - PDL)"
5.0
15/08/2025
409
Desktop
Since 19/11/2024
Vendite
15
Free installs
2446
Immagine caricata di "Previous Day Liquidity Zones (PDH - PDL)"Immagine caricata di "Previous Day Liquidity Zones (PDH - PDL)"Immagine caricata di "Previous Day Liquidity Zones (PDH - PDL)"Immagine caricata di "Previous Day Liquidity Zones (PDH - PDL)"Immagine caricata di "Previous Day Liquidity Zones (PDH - PDL)"Immagine caricata di "Previous Day Liquidity Zones (PDH - PDL)"

This tool allows users to specify a timeframe for analysis, such as daily, and plot high and low levels on their charts with customizable colors, styles, and thicknesses. It supports multiple previous days, making it easy to identify significant price action zones. The indicator also features optional labels for clarity, helping traders make informed decisions based on historical price data. Ideal for both novice and experienced traders, this tool enhances market analysis and trading strategies.

Features

Customizable Timeframe: Users can select a specific timeframe (e.g., daily) to analyze previous highs and lows, allowing for tailored visualization that fits their trading strategies.

Multiple Previous Days: The ability to plot high and low levels for multiple previous days provides a comprehensive view of significant price action zones.

Dynamic Trendlines: The indicator draws trendlines for the previous day's high and low, making it easy to identify potential reversal zones at a glance.

Labeling Options: Users can enable labels to display the current high and low values directly on the chart, enhancing clarity and understanding.

Visual Customization: Traders can customize line colors, styles, and thicknesses to suit their preferences and improve chart readability.

Timeframe Restrictions: The indicator ensures that it operates only within specified minimum and maximum timeframe settings, reducing the amount of chart clutter while cycling through other timeframes.


Points to Note

PDH or PDL in the market can be used as a draw on liquidity(DOL) or be used to frame a reversal.

Reversals can be framed off PDH and PDL when there is a failure to displace.

When price respects a PD array above or below, fails to displace over a Daily high or low level, the next candle can be anticipated.

Is price more likely to reach for previous day high or low? When using PDH PDL as as a draw on liquidity(DOL)



Installation: Download and install the Daily Range Liquidity Zones (PDH PDL) on your cAlgo platform.

Setup: Open the indicator settings and select your desired timeframe for analysis, the number of previous days to plot, and customize visual parameters like line color and thickness.

Using the Indicator: The indicator will automatically plot the previous day’s high and low levels on your chart based on the specified settings.

Analyze: Observe the plotted levels as you trade. Use these levels to frame potential reversals, and make informed trading decisions.


Recommended Companion Tools

cTrader: The native platform for cAlgo, providing a seamless environment for using and customizing indicators.

Technical Analysis Tools: Combine this indicator with other tools like Fair Value Gaps(FVG) and Reversal Pattern Indicators(CRT) to enhance your trading strategy and market analysis.

Risk Management Tools: Utilize position size calculators and stop-loss tools to effectively manage risk while trading around the identified high and low levels.

By integrating the Daily Range Liquidity Zones (PDH PDL) with these tools, traders can enhance their market analysis and improve their chances of success in navigating the complexities of price action.

Altro da questo autore
ICT Killzone and Sessions high_low
This indicator is an essential tool for traders seeking to visualize key trading sessions on their charts.
Indicatore
XAUUSD
Commodities
FVG_tidypips
A Fair Value Gap (FVG) indicator that identifies potential price imbalances, potential reversal and continuation zones
Moving Average channel
This indicator is designed to display customizable moving averages (MAs) on a chart.
Daily Open Pivot Level
This indicator is a valuable tool for traders looking to identify significant opening price level of any asset.
Drawing Utility
A rectangular box with 5 adjustable Fibonacci level or even custom ones.
Indicatore
XAUUSD
Commodities
True Open Pivot Levels
This indicatorFull Description: Th shows the open price lines at key market times based on Eastern Standard Time (EST).
Previous Day Equilibrium (Premium & Discount)
Plots the equilibrium price levels based on previous daily highs and lows.
Potrebbe interessarti anche
Indicatore
Indices
Prop
Stocks
+3
4MA
This indicator consists of 3 moving averages that can be configured to your liking, from the type of moving average....
Precio Promedio Ponderado por Volumen
VWAP (Volume Weighted Average Price, Precio Promedio Ponderado por Volumen)
Indicatore
Indices
Prop
Stocks
+6
New Way Sar - Pro
The Parabolic SAR, or "Stop and Reverse," is a dynamic technical analysis tool
Indicatore
Prop
Forex
MM-Symbol Info (Pro)
NEW - PNLs as % - daily, weekly, monthly, or yearly & Spread, Time To Close, PNL Alerts, custom Bid / Ask lines
Indicatore
Indices
Commodities
Forex
+2
Two Candle Patterns
Detect powerful 2-candle reversal patterns at key highs/lows. Boost entries with real-time alerts and visual signals.
Indicatore
Indices
RSI
Commodities
+1
OrderPrice-V3
A straightforward yet effective tool signals entry points for both buying and selling. Include 3 Moving Average
Stochastic RSI Indicator
Stochastic RSI Indicator
Indicatore
NAS100
NZDUSD
XAUUSD
+11
Market Info bY MohammadKHR
Daily High & Low with live Percentage change.
Volume Profile Triple Line - POC Median Mode
The Advanced Volume Profile Indicator calculates POC, Median, and Mode, revealing key price levels for smarter trading.
SuperScalperBox
Super Scalper Box - Professional-Grade Trading Indicator
Indicatore
RSI
Breakout
XAUUSD
+5
Zones Supply Demand
📊Zones Supply & Demand: Identifies key price levels with high volume concentration, marking Supply/Demand Zones & Marke
Indicatore
RSI
XAUUSD
Breakout
+5
Prime Trend Targets
PrimeTrend: ATR trendline detects reversals, plots entry/SL/3 targets. Tune params (speed vs. robustness). Backtest +
xhobaniFX_ADR-Lines
xhobaniFX_ADR-Lines: Average Daily Range Horizontal Lines
Order Block Detector SmartTrading
🎯 Order Block Detector - Smart Trading: Identifica bloques de órdenes clave en cTrader para un trading más inteligente.
PriceLevels
Displays the previous day's, last week's, and last month's highest and lowest price levels on your chart.
Indicatore
RSI
Breakout
XAUUSD
+12
Liquidity Pressure Index
Liquidity Pressure Index is a tool that gives traders deeper insights into the hidden dynamics of market liquidity
Indicatore
NZDUSD
Forex
USDJPY
+1
8 Currencies_NSC
RCS: 8 majors! AUD,USD,EUR,JPY,GBP,CAD,CHF,NZD. Find how strong each currency is relatively and trade smarter!
MTF Candles
Multi Timeframe Candle drawing. Draw Any candles from any timeframe on your chart :-)