For intraday trading, the high, low, and close of the previous 1-hour, 4-hour, day, week, and Average Daily Range (default period is 5) are very important key levels.
You can choose which ones you like to show for better analysis and also change the color and style of the lines. This is also my favorite indicator.
With each previous range data (day, week, month), we can choose to show or not show the equilibrium level.
This indicator also has the option to show up to two price lines at a specific time, and you can choose the price type (high, low, close, open) that you want to display. The default time values are:
Specific Time 1: 0:00 (New York Midnight Opening Price)
Specific Time 2: 8:30 am (New York Session Opening Price)