Daily Open Levels With Buy Sell Signal
- Göstergeler
- Sürüm: 1.10
- Etkinleştirmeler: 10
Daily Open Levels With Buy Sell Signal is a professional trend-following indicator based on the daily opening price.
HOW IT WORKS:
The market's true daily bias is determined by the daily open. If price is above the daily open, the bias is BUY. If below, the bias is SELL.
FEATURES:
- Solid Line: Today's Daily Open Price (D0) - Main Intraday Support/Resistance
- Dashed Lines: Previous 5 Days Open Prices (D-1 to D-5) - Historical Key Levels
- The levels are automatically drawn as horizontal lines and follow the real daily open price.
- BUY/SELL Bias Label on chart corner
- Arrow Signals: Blue Up Arrow when price crosses ABOVE daily open, Red Down Arrow when price crosses BELOW daily open
- Alert and Push Notification support
- Works on all pairs, Gold, Crypto and Timeframes (M5 to H4 recommended)
INPUTS:
- NumberOfDays: Number of past daily opens to show (default 5)
- ShowTodayOpen, ShowSignals, ShowLabel, AlertOnSignal
This indicator is perfect for intraday traders using Open Price strategy, London Breakout, or Daily Bias strategy. It helps you avoid counter-trend entries.
No repaint. Simple and effective.
