Daily Range Zones: PDH/PDL with SL/TP
This indicator automatically plots the previous day's High and Low levels and projects dynamic Stop Loss (SL) and Take Profit (TP) zones based on the daily range percentage.
It is designed for traders focusing on daily range breakouts or mean reversion strategies around the Previous Day High (PDH) and Previous Day Low (PDL).
Key Features:
Level 0 & 1: Visualizes the exact High and Low of the reference timeframe (Daily).
Inner Zone (Orange): Calculated inside the range. Acts as a buffer for Stop Loss placement or entry zones for mean reversion.
Outer Zone (Purple): Calculated outside the range (extension). Acts as a primary Take Profit target for breakout trades.
Settings:
Fully customizable percentages for inner and outer zones.
Option to toggle between current day or previous day data.
Works on any timeframe (intraday charts recommended).
It is designed for traders focusing on daily range breakouts or mean reversion strategies around the Previous Day High (PDH) and Previous Day Low (PDL).
Key Features:
Level 0 & 1: Visualizes the exact High and Low of the reference timeframe (Daily).
Inner Zone (Orange): Calculated inside the range. Acts as a buffer for Stop Loss placement or entry zones for mean reversion.
Outer Zone (Purple): Calculated outside the range (extension). Acts as a primary Take Profit target for breakout trades.
Settings:
Fully customizable percentages for inner and outer zones.
Option to toggle between current day or previous day data.
Works on any timeframe (intraday charts recommended).
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。