OPEN-SOURCE SCRIPT

PDH & PDL Indicator: Previous Day's High/Low with Alerts

The PDH & PDL Indicator plots the Previous Day's High (PDH) and Previous Day's Low (PDL) directly on the chart, providing a clear visual reference for key price levels. These levels are often used by traders to identify potential breakout or breakdown zones and to gauge market strength or weakness.

Features:
PDH (Green Line): Represents the high of the previous trading day.
PDL (Red Line): Represents the low of the previous trading day.
Alerts:
Get notified when the price crosses above PDH or below PDL.
Custom alert messages to keep you informed in real-time.
Use Cases:
Identify key breakout and breakdown points for potential trade entries or exits.
Confirm the strength of a trend by monitoring price action relative to PDH and PDL.
Useful for intraday, swing, and positional traders who rely on historical price levels for strategy development.
Candlestick analysisChart patternsHarmonic PatternsPDHPDLpreviousdayhighandlowprevioushighpreviouslow

Skrip open-source

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Automated Demand Supply zone Indicator and Screener :
in.tradingview.com/script/BSrPDhLp-Demand-and-supply-zones/
in.tradingview.com/script/tyjheWJl-Demand-and-Supply-zone-Screener/
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