OPEN-SOURCE SCRIPT
Prav_Levels
This Pine Script indicator plots persistent higher timeframe liquidity levels including Previous Day High/Low/Close (PDH, PDL, PDC), Previous Week High/Low (PWH, PWL), and Previous Month High/Low (PMH, PML). It creates the levels only once per new day, week, or month, preventing constant redraws and improving chart performance. The lines automatically extend only up to the current candle and remain visible across all lower timeframes. Labels are dynamically positioned on the right side with ATR-based spacing to avoid overlapping. If multiple levels are very close, the script intelligently merges labels such as “PDH/PWH” for cleaner visualization. The indicator also supports customizable line styles and widths for better chart appearance
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.