Jun 10, 2023 · This strategy is based on taking liquidity from the PDL and PDH (Previous Day High & Low). It can also be used with PWH and PWL (Previous Week High & Low). The objective of the strategy is to look for a short position when the price reaches the previous day's high,...

Oct 18, 2023 · In this first instalment, we'll delve into a fundamental tool every day trader should understand: the Previous Day's High (PDH) and Previous Day's Low (PDL). These levels are essential for making informed, rapid trading decisions, and …

Oct 18, 2023 · In this first instalment, we'll delve into a fundamental tool every day trader should understand: the Previous Day's High (PDH) and Previous Day's Low (PDL). These levels are essential for making informed, rapid trading decisions, and …

May 19, 2024 · Features: PDH (Previous Day High): Displays the high price of the previous trading day. PDL (Previous Day Low): Displays the low … This TradingView indicator plots important historical levels on your chart, including the previous day's high (PDH) and low (PDL), previous week's high (PWH) and low (PWL), and the current day's, week's, and month ...

Dec 28, 2024 · PDH (Previous Day High): The highest price of the previous day. PDL (Previous Day Low): The lowest price of the previous day. Plots horizontal lines on the chart for each key level (HOD, LOD, PMH, PML, PDH, PDL) with specific colors for easy visual identification.

Nov 28, 2024 · The indicator "Haven Key Levels PDH PDL" helps traders visualize key levels on the chart. It automatically marks the following levels: DO (Daily Open) — the daily open level. NYM (New York Midnight) — the New York midnight level. PDH (Previous Day High) — the previous day's high. PDL (Previous Day Low) — the previous day's low.

Jun 26, 2024 · PDL is the abbreviation of previous day low which means the low/wick of the yesterday’s candlestick. PDH is the abbreviation of previous day high which means high/wick of the yesterday’s candlestick.

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.

Oct 25, 2023 · AAA Setup: One of my go-to setups involves purchasing put options when the price falls below a key level, such as the previous day's low (PDL), or calls when price is above PDH. To manage risk, I utilize the EMA 13 as a stop-loss threshold.

Nov 4, 2024 · Designed to track session-specific high and low levels, this tool provides visual guidance for analyzing market behavior across different trading windows. It includes three customizable sessions—Asian, Window 1, and Window 2—that can be toggled on or off.