malk1903

ICT Day/Week/Month Levels [MK]

malk1903 Updated   
Displays Open, High, Low, Close and 50% levels for the Previous Day/Week/Month.

Also shows the Open for the Current Day/Week/Month

Also shows the Current New Week Opening Gap Midline (NWOG)

These levels are key to teachings by ICT as well as other trading strategies. There are lots of scripts available for this data, however this one plots the levels to the right of price on the chart to keep the chart as clean as possible. The line styles, colors and text can be customised. The offset to the right of the chart for the start of line and label offsets can also be adjusted.

Labels are abbreviated to PDH (previous day high), CMO (current month open), PW50% (previous week 50% from high to low) ..etc
Release Notes:
Added options for 3M and 6M timeframes. Also added max display timeframe for D/W/M and min display timeframe for 3M and 6M.
Release Notes:
Default line styles for 3M and 6M update.
Release Notes:
Added alerts for :
PDH
PDL
PWH
PWL
PMH
PML
PD 50%
Alerts can be selected/turned off, to use, create alert on selected chart +[A}, then choose the indicator from the 'Condition' drop down.
Release Notes:
Removed timeframe display restrictions
Release Notes:
Added Label and Line O/S inputs for 'current' levels.
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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