Previous Day Liquidity Zones (PDH - PDL)
Logo „Previous Day Liquidity Zones (PDH - PDL)”
5.0
15/08/2025
380
Desktop
Since 19/11/2024
Sprzedaż
15
Free installs
2371
Przesłany obraz „Previous Day Liquidity Zones (PDH - PDL)”Przesłany obraz „Previous Day Liquidity Zones (PDH - PDL)”Przesłany obraz „Previous Day Liquidity Zones (PDH - PDL)”Przesłany obraz „Previous Day Liquidity Zones (PDH - PDL)”Przesłany obraz „Previous Day Liquidity Zones (PDH - PDL)”Przesłany obraz „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.

Więcej od tego autora
ICT Killzone and Sessions high_low
This indicator is an essential tool for traders seeking to visualize key trading sessions on their charts.
Wskaźnik
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.
Wskaźnik
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.
Możesz także polubić
IRiskRewardTools
Risk Reward Management Tools(风险回报管理工具)
Open Trade ProfitV1
A simple indicator that tracks the value of your open trades in pips.
Wskaźnik
NAS100
XAUUSD
Commodities
+10
MARKET_STRUCTURE BOS_CHoCH
MarketStructurePro – Smart BOS/CHoCH
MM-Symbol Info (free)
Enhance the trading experience with real-time Spread, Time To Close, rPNL, uPNL, PNL and minimalistic Bid / Ask lines
Wskaźnik
Prop
ATR
ADT_bigCandles
Outside Candle Detector: Highlights major candles/zones with ATR filter & pattern labels. By Avydel Talbo, prop trader.
Wskaźnik
RSI
Signal
MACD
+1
Long Wick
Identify potential reversal points in the market by detecting candles with exceptionally long upper or lower wicks
Wskaźnik
Breakout
ATR
Signal
[Stellar Strategies] Market Structure Breakout
Flags breakouts of recent highs/lows on cTrader charts. Shows arrows/lines. Optional trend filter & sound alerts 📉📈
ReversalGuard
ReversalGuard Pro: Domina el Mercado con Zonas de Soporte y Resistencia de Alta Precisión"
Wskaźnik
RSI
Breakout
XAUUSD
+5
Zones Supply Demand
📊Zones Supply & Demand: Identifies key price levels with high volume concentration, marking Supply/Demand Zones & Marke
Wskaźnik
Prop
Commodities
Stocks
+2
Light-Version BrickAlgo TrendPulse
🚀 Simplify Your Trading Decisions With Powerful Technical Analysis.
Wskaźnik
Indices
Prop
Stocks
+3
VegaXLR - Unlimited Trendline Alerts
This is an indicator that can alert you about trendlines, horizontal lines and vertical lines.
Momentum Trend Analyzer
Provides comprehensive trend and momentum analysis by combining EMAs, RoC, normalized ATR, RSI, and volume..
Renko 4k Pips
Custom your Renko Brick how do you wish!
Wskaźnik
Stocks
Commodities
Forex
buy sell
SmartSignal Pro: Precise BUY/SELL signals to profit in any market. Trade like a pro! 🚀
Wskaźnik
XAUUSD
Forex
EURUSD
+2
ALMA Smoothed Gaussian Moving Average
ALMA Smoothed Gaussian Moving Average (ASGMA) – by LudwigICT
Wskaźnik
RSI
Commodities
Signal
+1
Dot Momentum %BB Indicator
Dynamic circles visualize price's volatility position. Like RSI for market overextension & stretch. Quantify context.
[Stellar Strategies] BOS Trend 1.0
[Stellar Strategies] BOS Trend: Premium multi-timeframe BOS indicator for precision trend analysis.📈📉
Wskaźnik
Forex
EURUSD
USDJPY
4 Currencies V2_NSC
Relative Currency Strength 4 Currencies: AUD USD EUR JPY