Daily Open Color Zones

4.0
06/10/2025
67
Desktop

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This indicator plots the Daily Open Line and shades the bullish and bearish price zones around it.
It provides a clear visual reference to see whether the market is trading above or below the daily open, which is a commonly used level in intraday analysis.
The indicator automatically draws a horizontal line at the daily open price and highlights the chart areas:
- Green zone above the line (bullish area).
- Red zone below the line (bearish area).
Features:
- Automatic Daily Open Line: precise plotting of the daily open price.
- Color Zones: easily distinguish bullish and bearish areas with customizable colors.
- Dynamic Updates: zones adjust automatically with each new candle.
- Customizable appearance: line style, thickness, and zone colors can be modified.
- Lightweight and efficient: designed for minimal CPU usage.
- Works on all symbols and timeframes.
Conclusion:
The indicator offers a clear chart visualization of the daily open and the related bullish/bearish zones. It can be applied to different markets and timeframes for technical analysis.
4.0
리뷰: 1
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4 | 100 % | |
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고객 리뷰
October 20, 2025
Clean and visual 🎨 - Daily Open Zones make trend bias crystal clear. Great tool for intraday planning and momentum entries!
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