The day's levels
Previous session high, low, close and midpoint, with the overnight and opening ranges, all labelled.
Levels · NinjaTrader 8
Screenshot of the tool running.
The levels that were there before you opened the chart.
Yesterday's high, last week's close, the opening range, the month's value area. Thirty-one levels worked out for you, drawn with their name and price, each one switched on or off independently.
Thirty-one, and you choose
Daily, weekly, monthly and session. With all of them on the chart is unreadable, so most people settle on six or eight.
With name and price
Every line carries its label. No need to remember what that blue line from three days ago was.
Nothing drawn by hand
They recalculate as the day, week or month turns. A hand-drawn level stays where you left it; these do not.
Weekly and monthly
On a long chart: last week's and the month's extremes, the ones holding up the big moves.
What each term means
The names the indicator uses, and what each one means.
- PDH · PDL · PDC. Previous day high, low and close.
- ONH · ONL. Overnight session high and low.
- ORH · ORL. Opening range high and low.
- IBH · IBL. Initial Balance high and low.
- POC · VAH · VAL. Point of control and value area edges.
- PW · WK. Previous week and current week.
- MH · ML · M-O. Month high, low and open.
All 31 levels, one by one
Previous day
- PDH — high
- PDL — low
- PDC — close
- PD-Mid — midpoint
- PD-POC — point of control
- PD-VAH — value area high
- PD-VAL — value area low
Weekly
- PW-Hi — previous week high
- PW-Lo — previous week low
- PW-Close — weekly close
- PW-POC — weekly point of control
- PW-VAH — weekly value high
- PW-VAL — weekly value low
- WK-Mid — midpoint
- WK-VWAP — volume weighted average
- WK-O — week open
Monthly
- MH — month high
- ML — month low
- PMH — previous month high
- PML — previous month low
- M-O — month open
Session
- ONH — overnight high
- ONL — overnight low
- OPEN — the open
- ORH — opening range high
- ORL — opening range low
- IBH — Initial Balance high
- IBL — Initial Balance low
- TDH — today's high
- TDL — today's low
- MID-O — opening midpoint