INVITE-ONLY SCRIPT
Astro Algo by Mr Keshav Trader
The Astro Algo is a simple yet powerful TradingView indicator designed to help traders easily identify the daily high and low levels on the chart. These levels are extremely important as they often act as key support and resistance zones during intraday trading.
How It Works
New Day Detection:
At the start of each new trading day, the indicator automatically resets and records the high and low of the day.
Dynamic or Fixed Lines:
If the price makes new highs or lows during the day, the lines automatically adjust (dynamic version).
Alternatively, you can keep the high/low fixed at the first candle of the day (fixed version).
Visual Representation:
Two horizontal lines are plotted on the chart:
Teal Line → Daily High
Red Line → Daily Low
Usage
The Daily High often acts as a resistance level. If the price breaks above this line, it can indicate a potential bullish breakout.
The Daily Low often acts as a support level. If the price breaks below this line, it can signal a possible bearish breakdown.
Best For
Intraday Traders looking for key levels to plan entries/exits.
Scalpers & Swing Traders who use support/resistance levels for decision-making.
Features
Works on all timeframes.
Automatically resets every new trading day.
Clean and simple visualization with minimal chart clutter.
How It Works
New Day Detection:
At the start of each new trading day, the indicator automatically resets and records the high and low of the day.
Dynamic or Fixed Lines:
If the price makes new highs or lows during the day, the lines automatically adjust (dynamic version).
Alternatively, you can keep the high/low fixed at the first candle of the day (fixed version).
Visual Representation:
Two horizontal lines are plotted on the chart:
Teal Line → Daily High
Red Line → Daily Low
Usage
The Daily High often acts as a resistance level. If the price breaks above this line, it can indicate a potential bullish breakout.
The Daily Low often acts as a support level. If the price breaks below this line, it can signal a possible bearish breakdown.
Best For
Intraday Traders looking for key levels to plan entries/exits.
Scalpers & Swing Traders who use support/resistance levels for decision-making.
Features
Works on all timeframes.
Automatically resets every new trading day.
Clean and simple visualization with minimal chart clutter.
仅限邀请脚本
只有经作者批准的用户才能访问此脚本。您需要申请并获得使用权限。该权限通常在付款后授予。如需了解更多详情，请按照以下作者的说明操作，或直接联系Daily_trade_dose01。
除非您完全信任其作者并了解脚本的工作原理，否則TradingView不建议您付费或使用脚本。您还可以在我们的社区脚本中找到免费的开源替代方案。
作者的说明
This indicator is available under Invite-Only Access to maintain its exclusivity and ensure it is used by traders who genuinely need it. Access is granted on request, and we aim to keep the indicator simple, effective, and clutter-free for all users.
提醒：在请求访问权限之前，请阅读仅限邀请脚本指南。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
仅限邀请脚本
只有经作者批准的用户才能访问此脚本。您需要申请并获得使用权限。该权限通常在付款后授予。如需了解更多详情，请按照以下作者的说明操作，或直接联系Daily_trade_dose01。
除非您完全信任其作者并了解脚本的工作原理，否則TradingView不建议您付费或使用脚本。您还可以在我们的社区脚本中找到免费的开源替代方案。
作者的说明
This indicator is available under Invite-Only Access to maintain its exclusivity and ensure it is used by traders who genuinely need it. Access is granted on request, and we aim to keep the indicator simple, effective, and clutter-free for all users.
提醒：在请求访问权限之前，请阅读仅限邀请脚本指南。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。