Previous Day Key Levels# Previous Day Key Levels
Previous Day Key Levels automatically plots the key reference points I use to frame each trading day:
* Previous RTH High and Low
* Asia High and Low
* London High and Low
The indicator is designed to work on an RTH chart while still calculating the Asia and London ranges from extended-hours data. Each level is drawn as a clean horizontal reference with a named label and a matching price marker on the right axis.
## How to use it
These levels help organize the market into clear areas of potential reaction, acceptance, rejection, breakout, or failed breakout.
Previous Day High and Low are especially useful as major reference points for the current RTH session. Price holding above or below them can support a directional thesis, while tests and rejections can highlight potential reversals or rotational conditions.
Asia and London Highs/Lows provide additional intraday structure before and during New York trading. They can act as liquidity targets, breakout points, or areas where an early New York move may stall, reverse, or accelerate.
The Asia range updates when the Asia session ends, and the London range updates when London ends. Previous Day High/Low refresh for the next RTH session.
## Pairing with Volume Profile
This indicator is intended as a supporting structure tool—not a standalone entry signal.
For a fuller market read, pair it with a Volume Profile indicator that provides:
* POC: the session’s highest-volume price area
* VAH: Value Area High
* VAL: Value Area Low
When a key session level overlaps with POC, VAH, or VAL, that confluence can make the area more meaningful. For example:
* A Previous Day High near VAH may act as a more significant resistance or breakout-acceptance area.
* A Previous Day Low near VAL may become a higher-quality support or breakdown-rejection zone.
* An Asia or London extreme aligning with POC can highlight a potential magnet, decision point, or support/resistance area.
Use the levels alongside price action, market context, and volume behavior. They are reference points—not guarantees—and are most useful for forming a structured trade idea and defining risk around meaningful market locations.
Indicator
Indicator
AG Pro Previous Day Sweep & Reclaim [AGPro Series]AG Pro Previous Day Sweep & Reclaim
Overview / What it does
AG Pro Previous Day Sweep & Reclaim is an overlay built to map one very specific price behavior around the previous day’s range: a sweep of the Previous Day High (PDH) or Previous Day Low (PDL), followed by a reclaim back inside the level.
The script is designed for traders who want a structured way to observe failed expansion attempts around prior-day liquidity. Instead of treating every break of PDH or PDL as continuation, this tool focuses on the opposite question: when price briefly trades beyond a prior-day extreme and then reclaims that level, is the move showing signs of rejection strong enough to deserve attention?
The core idea is intentionally narrow. This is not a broad market-structure engine, not a support/resistance dashboard, and not a general breakout system. Its purpose is to isolate a specific sequence: sweep -> reclaim -> quality assessment. That single workflow helps keep the script readable and functionally distinct.
Signals can be confirmed on the same bar or on the next bar, depending on user preference. Once a reclaim is confirmed, the script assigns a quality score, draws a directional arrow, prints a reclaim label, and keeps the visual structure compact enough for practical chart work across intraday and higher timeframes.
Unique Edge
The distinguishing feature of this script is that it does not simply plot PDH and PDL, and it does not label every break as meaningful. It attempts to separate ordinary range interaction from failed liquidity grabs by requiring reclaim confirmation and then grading the event.
Its logic is centered on reversal-quality mapping rather than static level display. That means the script does more than show where the previous day’s extremes are located. It evaluates whether the move through those extremes was shallow or excessive, whether the reclaim was weak or decisive, whether wick behavior supports rejection, whether volume was comparatively active, and whether the event occurred inside the selected session context.
Another practical edge is the confirmation flexibility. Some traders prefer immediate reclaim behavior on the same bar. Others want one additional bar for confirmation. This script supports both approaches, plus an Either mode for broader detection.
The visual side is also deliberately managed. Reclaim labels, arrows, guide lines, sweep boxes, label spacing controls, visible label limits, and HTF label filtering are included so the output remains usable instead of turning into uncontrolled chart clutter.
Methodology
The script retrieves the previous day’s high and low and tracks live interaction with those two reference levels.
Bullish reclaim logic begins with a downside sweep:
- price trades below the Previous Day Low
- price then closes back above the Previous Day Low
- confirmation can occur on the same bar, on the next bar, or by either method depending on settings
Bearish reclaim logic mirrors that process:
- price trades above the Previous Day High
- price then closes back below the Previous Day High
- confirmation follows the selected reclaim mode
After confirmation, the script computes a quality score from multiple components. These components are intended to give structure to the event rather than to claim certainty about future direction.
The quality model includes:
- sweep depth relative to ATR
- reclaim strength within the bar range
- rejection wick fraction
- relative volume versus a moving average baseline
- bar range relative to ATR
- urgency factor for same-bar versus next-bar confirmation
- candle body bias
- session participation
The final score is normalized to a 0-100 scale and translated into a simple tier:
- A
- B
- C
- D
This score is not meant to be a prediction engine. It is a ranking tool that helps organize reclaim events by relative quality under the script’s own rules.
Session filtering is available because many traders only want to evaluate sweep-and-reclaim behavior during specific active windows. London, New York, custom sessions, or unrestricted monitoring can be selected.
For chart usability, the script also includes:
- previous day range fill
- optional reclaim guide lines
- optional sweep boxes
- reversal arrows
- reclaim labels
- summary panel
- visible label limits
- HTF smart label filtering
- minimum bar spacing between same-side labels
Signals & Alerts
The script produces two primary confirmed event types:
1. Bullish Previous Day Sweep & Reclaim
A downside sweep through PDL followed by a reclaim back above that level.
2. Bearish Previous Day Sweep & Reclaim
An upside sweep through PDH followed by a reclaim back below that level.
When enabled, the chart can display:
- directional reclaim arrows
- reclaim labels with score, tier, and confirmation mode
- sweep zone boxes
- short reclaim guide lines
Built-in alerts are included for:
- Bullish Previous Day Sweep & Reclaim
- Bearish Previous Day Sweep & Reclaim
These alerts are tied to confirmed reclaim conditions defined by the selected confirmation mode and minimum quality threshold.
Key Inputs
Reclaim Confirmation
Choose whether confirmation must occur on the Same Bar, Next Bar, or Either.
One Signal Per Side / Day
Limits repeated signals of the same side within a single day.
Use Session Filter
Restricts detection to the selected session environment when desired.
Minimum Quality Score
Filters out lower-ranked reclaim events.
ATR Length / Volume SMA Length
Inputs used by the quality model.
Ideal Sweep Depth (ATR) / Maximum Sweep Depth (ATR)
Define how the script evaluates sweep depth quality.
Label and Visual Controls
Manage font size, offset, sweep boxes, guide lines, visible label count, and general chart cleanliness.
HTF Smart Label Filter
Helps reduce label overload on daily, weekly, and monthly charts.
Minimum Bars Between Same-Side Labels
Introduces spacing between repeated bullish or bearish reclaim labels to prevent visual stacking.
Limitations & Transparency
This script is an analytical overlay. It is not a strategy, not an execution model, and not a guarantee of reversal.
A reclaim of PDH or PDL can still fail. Markets can continue trending after a sweep, especially during strong directional conditions, news-driven volatility, or low-liquidity distortions. For that reason, the quality score should be interpreted as an internal event-ranking framework, not as proof of future performance.
Session settings matter. Timeframe context matters. Confirmation mode matters. Label filters also affect what is visible on the chart, especially on higher timeframes. Users should understand that changing these inputs changes the strictness and presentation of the output.
This tool does not use order book data, broker-specific execution data, or hidden liquidity metrics. It works entirely from chart-based price and volume inputs available in Pine.
It is also important to note what this script does not attempt to do:
- it does not classify overall market regime
- it does not replace broader structure analysis
- it does not define entries, stops, or exits for the user
- it does not evaluate multi-level confluence outside its own reclaim framework
In short, it is a focused map for previous-day sweep and reclaim behavior, nothing more and nothing less.
Risk Disclosure
This script is for chart analysis and educational use only. It does not provide financial, investment, legal, or tax advice.
All trading decisions involve risk. Past price behavior around previous-day levels does not guarantee future results. Users should apply their own confirmation process, risk management rules, and market context analysis before acting on any chart signal.
Always test settings carefully and use the tool as one component inside a broader decision-making process, not as a standalone basis for trading.
Indicator
AG Pro PDH PDL PWH PWL Engine [AGPro Series]AG Pro PDH PDL PWH PWL Engine
Overview / What it does
AG Pro PDH PDL PWH PWL Engine is a price-reference overlay built to track prior day, prior week, and prior month high / low levels in a clean and structured way. The script can display PDH, PDL, PWH, PWL, and optionally PMH / PML, together with midpoint equilibrium levels for the selected ranges.
The main purpose of the script is not to predict direction, generate guaranteed entries, or replace a complete trading plan. Its role is narrower and more practical: it helps traders keep important prior-period reference levels visible on the chart, distinguish which levels remain active, and identify which ones have already been traded through. In many markets, prior highs and lows are widely monitored as liquidity, reaction, and reference areas. This script organizes those areas into a format that is easier to read in live conditions.
A core design goal of this tool is chart hygiene. Many prior-level indicators become visually noisy when several daily, weekly, and monthly references are drawn together. This script was designed to keep the structure readable by using a minimal label system, right-extended lines, a swept / unswept state model, and an optional dashboard that summarizes the nearest active daily, weekly, and monthly levels.
The result is a workflow-oriented overlay that helps with context. Instead of forcing interpretation through aggressive signals, it presents a structured map of where important prior-period levels are located, whether they are still untouched, and whether current price is approaching one of them. That makes it suitable for traders who want an objective level engine rather than a directional prediction tool.
Unique Edge
The script focuses on presentation quality and state clarity rather than simple level plotting. Prior highs and lows are not rare concepts, but the practical usefulness of such levels depends heavily on how they are filtered, displayed, and maintained on the chart. This script aims to improve that usability in several ways.
First, it separates active levels from swept levels. This matters because a previously untouched level and a level that has already been traded through do not carry the same contextual value for many traders. By visually differentiating unswept and swept references, the overlay can help reduce ambiguity when reviewing current structure.
Second, it combines multi-period references in one coherent engine. Daily, weekly, and optional monthly levels can all be displayed together, while preserving a relatively clean visual hierarchy. This is particularly useful for traders who want to see whether current price is interacting with short-term references inside larger higher-timeframe ranges.
Third, it includes proximity logic. The script can highlight levels when price is near them using a threshold defined in ticks, percentage, or ATR terms. This does not imply a trade signal by itself. Instead, it acts as a situational awareness feature that helps traders notice when price is entering a predefined level zone.
Fourth, the script offers session and timezone controls. That allows the user to adapt the level-building logic to the exchange clock or to a chosen session definition. For traders who care about session-based construction and consistency across instruments, this can be an important operational detail.
Finally, the panel is designed as a compact summary rather than a decorative feature. It reports the nearest active daily, weekly, and monthly references, shows counts for active and swept levels, and keeps session / timezone / label mode settings visible. The goal is to reduce chart scanning time and make the script easier to use during live analysis.
Methodology
The engine tracks highs and lows from completed prior periods and then projects those values forward as reference lines. Depending on the enabled settings, it can build:
- Previous Day High and Previous Day Low
- Previous Week High and Previous Week Low
- Previous Month High and Previous Month Low
- Optional equilibrium midpoints for each enabled range
Each level is created only after the relevant source period is completed. In that sense, the level itself is based on completed historical range data. Once created, the line is monitored for its state. If price trades through a high reference or a low reference, the script marks that level as swept and changes its visual treatment accordingly.
The script also maintains historical periods up to the number defined in the settings. This makes it possible to preserve a limited amount of recent structure without keeping an unlimited number of stale objects on the chart.
The equilibrium option adds the midpoint of the corresponding prior range. Some traders use these 50% areas as balance references or as secondary context between the prior high and low. Because that midpoint is optional, the user can keep it visible when needed or disable it for a cleaner chart.
The proximity engine measures how close current price is to an active level using one of three methods:
- Tick distance
- Percentage distance
- ATR-based distance
This feature is meant to flag nearness, not to define trade quality on its own. A prior level being near price does not automatically make the setup actionable. It only states that price is close to a tracked reference according to the selected threshold logic.
States / Signals / Alerts
This script is primarily a level-state and context tool. It is not a directional forecasting model. Its most important outputs are state-based:
1) Active level
A level is considered active when it has been created from a completed prior period and has not yet been traded through by price.
2) Swept level
A level is considered swept when price trades through that reference. Visually separating swept levels from active ones helps the chart communicate which prior references remain untouched.
3) Near-level condition
When enabled, the script can highlight active levels that are close to current price according to the user-defined threshold method. This can help traders focus attention on nearby reference zones without scanning the entire chart manually.
4) Compact dashboard state
The panel summarizes the nearest active daily, weekly, and monthly levels, along with active count, swept count, near count, selected timezone, session configuration, and label mode.
The included alert conditions are intentionally simple and state-based:
- Price is near one of the active levels
- At least one tracked level was swept on the current bar
These alerts are meant to support monitoring. They are not, by themselves, a complete trading trigger. Users should interpret them together with structure, volatility, session context, confirmation rules, and their own risk process.
Why this script can be useful
This script can be useful because prior highs and lows often matter most when they are easy to monitor and hard to misread. In practice, traders do not only need the raw numbers; they need a chart presentation that allows those numbers to remain readable during fast market conditions.
A clean prior-level map can help in several common situations:
- Evaluating whether price is approaching an untouched daily or weekly reference
- Checking whether a local move is happening inside a larger higher-timeframe level framework
- Distinguishing still-relevant references from already-tested ones
- Monitoring potential reaction zones without crowding the chart with excessive objects
- Organizing reference structure across intraday and swing workflows
The script is also designed to remain practical over time. Instead of drawing everything with equal visual importance, it uses state logic and summary logic to keep the display more structured. That can make the tool easier to integrate into a routine where prior-period references are part of the trader's contextual process.
Another useful aspect is that the script stays objective. It does not attempt to label every market move with a strong opinion. It shows completed prior-period levels, their current state, and whether price is approaching them. Many traders prefer this kind of neutral reference framework because it can be combined with other methodologies without forcing one interpretation.
Key Inputs
Timezone
The script can use the exchange timezone or a selected timezone. This affects how period transitions are interpreted.
Use Custom Session Filter
When enabled, highs and lows are built only from bars inside the selected session. This allows the user to adapt the range construction to a chosen session framework.
Session
Defines the custom session window when session filtering is enabled.
Show Previous Day / Week / Month Levels
Each group can be enabled or disabled independently so the user can decide how much structure to display.
Show Equilibrium Midpoints
Adds the 50% midpoint of each enabled prior range.
Historical Periods to Keep
Controls how many past periods remain visible on the chart for each enabled level family.
Proximity Threshold Type
Lets the user define nearness by ticks, percentage, or ATR.
Threshold Value / ATR Length
Controls the sensitivity of the proximity logic.
Highlight Levels When Near
Allows visual emphasis when price approaches an active level.
Line Style and Extension Settings
Controls the appearance of unswept and swept lines and whether active lines extend to the right.
Minimal Label Mode
Allows labels to be turned off, restricted, or shown for active levels, depending on the user's preferred chart cleanliness.
Panel Controls
The dashboard can be enabled or disabled and its size, position, and colors can be adjusted.
Example use cases
This script can be used in different ways depending on the trader's workflow.
Intraday context mapping:
A trader may monitor PDH and PDL together with PWH and PWL to understand whether intraday price is moving into untouched daily liquidity while still operating inside a broader weekly range.
Reaction-zone awareness:
A trader may use near-level highlighting to notice when price is approaching an unswept prior high or prior low and then look for separate confirmation with their own method.
Structure filtering:
A trader may ignore swept references and focus mainly on active levels that remain intact, especially when trying to simplify the chart during live sessions.
Session-based reference building:
A trader who prefers a specific session logic can use the session filter so the constructed ranges better match their market framework.
Dashboard monitoring:
A trader may use the panel as a quick situational summary to identify which daily, weekly, or monthly reference is closest without manually reading every line.
Limitations & Transparency
This script does not know why price interacts with a level. It only identifies prior-period references and tracks whether they are active, near, or swept according to the rules defined in the code.
A prior level is not automatically support or resistance in every market condition. Some reactions are meaningful, some are shallow, and some levels are passed through with little response. For that reason, the script should be treated as a structured reference map rather than a self-sufficient trade decision engine.
The near-level logic depends on user-defined thresholds. Different threshold types and values can materially change how often levels are classified as near. Traders should calibrate these settings according to instrument volatility and their own workflow.
Session and timezone choices also matter. The same market can produce different prior-period values depending on how the session is defined. Users should select settings that match the way they analyze the instrument.
Historical object limits, chart timeframe, and chart compression can influence how dense the display appears. A setting that looks clean on one instrument or timeframe may feel crowded on another. The script provides controls to manage that, but users should still adapt it to their own use case.
The midpoint equilibrium lines are optional because not every trader uses 50% references the same way. Their inclusion does not imply that the midpoint has universal predictive value. It is simply provided as an additional structural reference.
This script is intentionally conservative in what it claims. It does not claim to detect institutional intent, hidden order flow, or guaranteed reversals. It displays prior completed reference levels and their current state on the chart.
Risk Disclosure
This script is for chart analysis and educational use. It does not provide financial advice, investment advice, or trade recommendations.
Prior-period highs, lows, and midpoint references can be useful market context, but they are not guarantees of reaction, reversal, continuation, or liquidity behavior. Market conditions can change quickly, and price can move through any level without producing a tradable setup.
Users should combine this tool with their own confirmation process, execution rules, position sizing framework, and risk management. No indicator should be used as the sole basis for entering or exiting a trade.
Before using any chart tool in live markets, it is important to understand how its settings affect output, how it behaves on the instrument being traded, and how it fits into a broader decision process.
AG Pro PDH PDL PWH PWL Engine is designed to help organize prior-period level information in a cleaner and more operational format. Its value comes from clarity, state tracking, and context support, not from predictive certainty.
Indicator
Volume & Volatility Companion█ VOLUME & VOLATILITY COMPANION (VVC)
Complete Volume Dynamics & Volatility Analysis
A comprehensive overlay indicator that combines anchored VWAP with standard-deviation bands , Bollinger Squeeze detection , volume strength analysis , and session level tracking — all with automatic timeframe adaptation. It gives you a complete read on volume dynamics and volatility conditions directly on your price chart.
Free and Open Source.
█ THE CONCEPT: WHY VOLUME + VOLATILITY TOGETHER?
Volume and volatility are the two most overlooked edges in technical analysis. Price alone only tells half the story. Volume confirms conviction — a breakout on high volume is real, on low volume it's suspect. Volatility compression (squeeze) precedes explosive moves. VVC brings both dimensions together in one overlay so you never miss these critical signals.
█ CORE FEATURES
1. VWAP + Standard Deviation Bands
The Volume-Weighted Average Price acts as the institutional fair-value anchor:
VWAP Line — Dynamic equilibrium price. Institutions track this level religiously.
Band 1 (1 StdDev) — Inner value zone. Mean-reversion entries when price touches and bounces.
Band 2 (2 StdDev) — Outer extreme zone. Overextension signals when price reaches here.
Configurable anchor period: Session (daily), Week, or Month.
2. Bollinger Squeeze Detection
Detects the classic volatility compression setup where Bollinger Bands contract inside Keltner Channels:
Squeeze ON (red dots) — BB inside KC = low volatility, energy building
Squeeze OFF (cyan dots) — Normal volatility
Squeeze Release (diamond markers) — BB breaks out of KC after sustained compression = breakout imminent
Momentum direction at release determines the breakout bias.
3. Volume Analysis
Classifies each bar's volume relative to its moving average:
EXTREME — Volume > 2.5x average (institutional footprint)
HIGH — Volume > 1.5x average (above-average interest)
NORMAL — Average range
LOW — Volume < 0.5x average (thin market, low conviction)
4. Session Levels
Key reference levels plotted directly on the chart:
Session High/Low — Current intraday range boundaries
Previous Day High/Low — Breakout/rejection levels
Previous Day Close — Settlement level (bias reference)
5. Auto-Timeframe Adaptation
All calculation parameters automatically adjust to your chart timeframe. Toggle to manual mode for full control.
█ DASHBOARD
A compact, dark-themed info panel showing:
VWAP — Current position (ABOVE / BELOW / AT) + value
Squeeze — ON with bar count or OFF
BB Width — Percentage bandwidth for volatility context
Volume — Classification (EXTREME / HIGH / NORMAL / LOW) + ratio vs MA
Session — Current session range in price units
█ ALERTS (4 CONDITIONS)
Bullish Squeeze Release — Squeeze fires with upward momentum
Bearish Squeeze Release — Squeeze fires with downward momentum
Squeeze Building — Consecutive squeeze bars hit threshold
Extreme Volume — Detected on any bar
█ PRO VERSION
The PRO version adds:
MACD Analysis — Full MACD with signal/zero crossovers and divergence detection
Cumulative Volume Delta (CVD) — Net buying/selling pressure tracking
Bull/Bear Confluence Scoring — Combined score from all modules for directional bias
5 Additional Alerts — MACD crosses, volume confirmation signals
█ NON-REPAINTING
VWAP uses cumulative volume data (non-repainting by design). Bollinger Squeeze uses standard BB/KC calculations. Volume analysis uses simple moving average. Previous day levels use confirmed daily data. No repainting.
█ WORKS ON
Crypto, Forex, Stocks, Futures, Indices — any timeframe from 1 minute to Weekly+.
█ DISCLAIMER
This indicator is for educational and informational purposes only. It does not constitute financial advice. Always do your own research and manage your risk. Past performance does not guarantee future results. Trading involves substantial risk of loss.
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