The Cash+ Key Levels Indicator automatically plots the previous days High, Low, Close levels, and the Premarket High and Low levels on your chart.
CUSTOM LEVELS
It will also allow you to enter values for any watchlist levels and ORB Levels to give you a single indicator with important levels to be aware of.
EMA LEVELS
The indicator will also plot the 9/21 EMA cloud to help you clearly identify the bullish/bearish trend for the day.
The huge advantage of using the Cash+ Key Levels indicator is it reduces the manual work to draw these levels accurately each day, and has been a game changer in my trading.
How To Trade Key Levels
The best way to trade key levels is using the Break Hook and Go.
The Break Hook and Go (aka Break Retest Bounce) technique requires you to patiently wait for a key level to break, then retest and hold, before continuing.
This allows you to confirm the level is valid for the day and is holding as key support/resistance.
The retest after the break confirms its strength, and then you can enter the trade.
Release Notes
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Fixed an issue where Premarket High/Lows was acting weird (values not being set at open sometimes)
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Fixed a bug with Premarket Levels showing a vertical line occasionally.
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Hides the Premarket Levels if the ticker is SPX (because SPX doesnt have a Premarket)
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v1.2 - Added Version Number to settings. Fixed issue where PreMarket levels were showing the previous days Premarket levels instead of the current premarket levels during Premarket Session.
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Added Saty ATR Levels Updated the way line labels display
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Fixed a bug with PreMarket levels causing an error in certain situations (max bars back)
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Minor Bug Fixes
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Removed unused code
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Updating Display Image
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Added Lunch Hi/Low (12pm-1pm)
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v1.5 - Added NWOG levels based on last week close / this week open.
Note ICT mentions using the Asia open levels which Trading View does not have. This script uses the weekly candle open/close values.
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Version 1.6 - renders Prev Day levels as ranges instead of lines - renders PreMarket levels as ranges instead of lines
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V1.6.1 - Fixing a bug where the NWOG causes a study error on lower timeframes. It will now only show on 5m+ timeframes.