OPEN-SOURCE SCRIPT

Prav_Levels

259
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

면책사항

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