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.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.