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Heartland MES Day-Trading Levels
The Heartland MES Day-Trading Levels indicator places several important intraday reference levels together on one chart. It was designed for Micro E-mini S&P 500 futures traders who want a clear view of potential support, resistance and market direction.
The indicator includes:
• Previous-Day High and Low
• Overnight High and Low
• 15-Minute Opening-Range High and Low
• Regular-Session VWAP
The green line identifies the previous-day high, while the red line identifies the previous-day low.
The orange lines track the overnight high and low from 5:00 p.m. until 8:30 a.m. Central Time. These levels update throughout the overnight session and lock when the regular market session begins.
The purple lines calculate the opening range from 8:30 to 8:45 a.m. Central Time. They update during those first 15 minutes and remain fixed for the rest of the trading day.
The white VWAP line resets at 8:30 a.m. Central Time and tracks the regular session’s volume-weighted average price.
Each current level is identified with a label and exact price on the right side of the chart.
How I use it:
• Previous-day and overnight levels help identify possible support, resistance, breakout and profit-target areas.
• The opening range helps measure the market’s early direction.
• Price above VWAP can suggest that buyers have the advantage.
• Price below VWAP can suggest that sellers have the advantage.
This indicator is intended primarily for MES intraday charts using timeframes of 15 minutes or less. It does not provide automatic buy or sell signals. Traders should combine these levels with price action, volume, confirmation and proper risk management.
The indicator includes:
• Previous-Day High and Low
• Overnight High and Low
• 15-Minute Opening-Range High and Low
• Regular-Session VWAP
The green line identifies the previous-day high, while the red line identifies the previous-day low.
The orange lines track the overnight high and low from 5:00 p.m. until 8:30 a.m. Central Time. These levels update throughout the overnight session and lock when the regular market session begins.
The purple lines calculate the opening range from 8:30 to 8:45 a.m. Central Time. They update during those first 15 minutes and remain fixed for the rest of the trading day.
The white VWAP line resets at 8:30 a.m. Central Time and tracks the regular session’s volume-weighted average price.
Each current level is identified with a label and exact price on the right side of the chart.
How I use it:
• Previous-day and overnight levels help identify possible support, resistance, breakout and profit-target areas.
• The opening range helps measure the market’s early direction.
• Price above VWAP can suggest that buyers have the advantage.
• Price below VWAP can suggest that sellers have the advantage.
This indicator is intended primarily for MES intraday charts using timeframes of 15 minutes or less. It does not provide automatic buy or sell signals. Traders should combine these levels with price action, volume, confirmation and proper risk management.
نص برمجي مفتوح المصدر
بروح TradingView الحقيقية، قام مبتكر هذا النص البرمجي بجعله مفتوح المصدر، بحيث يمكن للمتداولين مراجعة وظائفه والتحقق منها. شكرا للمؤلف! بينما يمكنك استخدامه مجانًا، تذكر أن إعادة نشر الكود يخضع لقواعد الموقع الخاصة بنا.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
نص برمجي مفتوح المصدر
بروح TradingView الحقيقية، قام مبتكر هذا النص البرمجي بجعله مفتوح المصدر، بحيث يمكن للمتداولين مراجعة وظائفه والتحقق منها. شكرا للمؤلف! بينما يمكنك استخدامه مجانًا، تذكر أن إعادة نشر الكود يخضع لقواعد الموقع الخاصة بنا.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.