OPEN-SOURCE SCRIPT
Prev Day | Prev Week H/L | 50 % Mids - Rays from exact candle
A clean multi-timeframe market structure indicator that plots
Previous Day High/Low,
Day-2 High/Low, and
Previous Week High/Low levels directly from the exact candle where each level was formed.
Optional 50% midpoint levels are also displayed to highlight equilibrium and reaction zones.
The script extends all levels forward as precise right-side rays, making it easy to track important support, resistance, liquidity, and price interaction areas throughout the session. Fully customisable colours, labels, and line styles provide a professional and clutter-free trading experience across both intraday and higher timeframes.
50% area are premium and discount zone. Thats why we need them
Previous Day High/Low,
Day-2 High/Low, and
Previous Week High/Low levels directly from the exact candle where each level was formed.
Optional 50% midpoint levels are also displayed to highlight equilibrium and reaction zones.
The script extends all levels forward as precise right-side rays, making it easy to track important support, resistance, liquidity, and price interaction areas throughout the session. Fully customisable colours, labels, and line styles provide a professional and clutter-free trading experience across both intraday and higher timeframes.
50% area are premium and discount zone. Thats why we need them
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.