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.