Is Open equal to High or LowMany people are watching opening price on each time axis. Opening price is very important.
This indicator displays OHLC Open as a line in multiple time frame.
If open is close to high or low, the color of the line changes.
The fact that they are close means the strength of the market flow and the firmness of that price range.
Note:
The color of the line will not be fixed until bar is closed.
And when using, please set arbitrary coefficient according to each market.
Coefficient e.g.
EURUSD: 0.00005
BTCUSD: 1
DJI: 5
BTCJPY: 100
USDJPY: 0.01
NI225: 2
Ohlc
High Time Frame Open Close High Low LevelsGives you the OHLC levels of the weekly and daily candles as levels in whatever timeframe you're on so you can have a macro view in lower timeframes without having to switch timeframes constantly.
You may toggle the visibility of all the daily or weekly levels as well as each individual open/close/high/low.
The line styles and colors are customizable.
OHLC Daily Resolution BandsShout out to nPE- for the idea.
Bands made with stdev from 10 day OHLC.
Keeps resolution to daily, so you can use bands as daily pivots for day trading.
Upper band 1=yesterday close + 0.5 std(ohlc,10)
Upper band 1=yesterday close + 1 std(ohlc,10)
Mid=yesterday close
Lower band 1=yesterday close - 0.5 std(ohlc,10)
Lower band 2=yesterday close - 1 std(ohlc,1
Previous Daily Open/High/Low/CloseThis indicator plots the previous day's open, high, low and close levels on the chart
Published by Luke (DisciplinedTrader.co.uk)
B3 MTF OHLCB3 M ulti T ime F rame - O pen H igh L ow C lose
For showing a 2nd resolution on one chart; Not much more to say about that :)
Madrid Upper OHLCThis study displays the candlesticks of the upper timeframe, this provides a glance of the bigger picture in the current time frame by quickly and easily identifying the main OHLC levels.
In this example I am using the indicator twice on the 15 min chart, the first implementation displays the candles of the Daily timeframe and the second displays those of the weekly.
