OPEN-SOURCE SCRIPT
Previous Candle High Low [JoeyWave]
Previous Candle High Low [JoeyWave]
The previous candle's High and Low for any timeframe — set it once, read it on any chart.
█ WHAT IT DOES
Draws two horizontal levels: the High and the Low of the previous candle on your chosen timeframe (default H4). Same idea as Previous Day High/Low (PDH/PDL), but the period is yours to pick — H1, H4, Daily, Weekly, anything.
These levels are clean liquidity references: the prior candle's extremes are where stops rest and where price often reacts.
█ FEATURES
▮ Any timeframe
Pick the period once (default H4). The label auto-names itself — "Previous H4 High", "Previous D1 Low", etc.
▮ Smart timeframe clamp
View a chart below your chosen timeframe (e.g. M5 chart, H4 setting) and it auto-raises to the chart timeframe instead of breaking — always a valid level, no errors.
▮ Non-repainting
Levels are taken from the last fully closed candle of the chosen timeframe — they don't repaint.
▮ Fully customizable
Line style (solid / dashed / dotted), colors, label on/off, price on/off, and label offset to push the text toward the right edge.
█ SETTINGS
· Timeframe — which period's previous candle to read (default H4)
· Show Previous High / Low — toggle each level
· Line Style / Colors — appearance
· Show Labels / Show Price / Label Offset — label control
█ NOTES
· Works on every market and timeframe
· Choosing a timeframe ≥ chart timeframe gives the truest reading
· Pairs well with market-structure and liquidity-based setups
Built on Pine v6.
The previous candle's High and Low for any timeframe — set it once, read it on any chart.
█ WHAT IT DOES
Draws two horizontal levels: the High and the Low of the previous candle on your chosen timeframe (default H4). Same idea as Previous Day High/Low (PDH/PDL), but the period is yours to pick — H1, H4, Daily, Weekly, anything.
These levels are clean liquidity references: the prior candle's extremes are where stops rest and where price often reacts.
█ FEATURES
▮ Any timeframe
Pick the period once (default H4). The label auto-names itself — "Previous H4 High", "Previous D1 Low", etc.
▮ Smart timeframe clamp
View a chart below your chosen timeframe (e.g. M5 chart, H4 setting) and it auto-raises to the chart timeframe instead of breaking — always a valid level, no errors.
▮ Non-repainting
Levels are taken from the last fully closed candle of the chosen timeframe — they don't repaint.
▮ Fully customizable
Line style (solid / dashed / dotted), colors, label on/off, price on/off, and label offset to push the text toward the right edge.
█ SETTINGS
· Timeframe — which period's previous candle to read (default H4)
· Show Previous High / Low — toggle each level
· Line Style / Colors — appearance
· Show Labels / Show Price / Label Offset — label control
█ NOTES
· Works on every market and timeframe
· Choosing a timeframe ≥ chart timeframe gives the truest reading
· Pairs well with market-structure and liquidity-based setups
Built on Pine v6.
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.