Indicator
Breakout
PDHL
"PDHL" logo
3.0
03/09/2025
1523
Desktop
"PDHL" uploaded image"PDHL" uploaded image"PDHL" uploaded image

Introducing the High-Low Trading Indicator

This indicator is designed to automatically plot the previous day's highest and lowest price levels on your chart. This tool helps you quickly identify key levels for potential breakouts and reversals.

Key Benefits:

  • Ideal for Breakout Trading: This indicator highlights critical price levels from the prior day, which are often used as reference points for breakout strategies. Trading breakouts above or below these levels can offer high-potential setups.
  • Simple Yet Effective: The High-Low Trading Indicator focuses on one of the most important aspects of price action – the previous day’s high and low. By incorporating these levels into your strategy, you gain a clearer sense of market structure and potential turning points.

Attentions:

  • Best used on timeframes less than 1 Day

Settings:

  • Include Sunday: default = no
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