Market Strategies levels PD/PW/PMMarket Strategies Levels PD/PW/PM
Institutional-style Previous Day, Previous Week, and Previous Month liquidity levels built for traders who rely on key higher timeframe references for intraday and swing trading decisions.
This indicator automatically plots:
• PDH = Previous Day High
• PDL = Previous Day Low
• PWH = Previous Week High
• PWL = Previous Week Low
• PMH = Previous Month High
• PML = Previous Month Low
using clean extended horizontal levels rather than traditional stepped plots for a more professional chart appearance and easier market structure analysis.
Unlike many basic high/low scripts, this version uses properly confirmed higher timeframe data to ensure the levels remain accurate and fixed throughout the active session, week, or month.
FEATURES:
• Clean horizontal institutional-style levels
• Accurate confirmed previous Day/Week/Month levels
• Right-side labels with live prices
• Fully customizable colors and line widths
• Toggle visibility for Daily / Weekly / Monthly levels
• Cross alerts for every level
• Master alert for any level interaction
• Non-cluttered visual design for order flow and AMT traders
ALERTS INCLUDED:
• Price Crossed PDH
• Price Crossed PDL
• Price Crossed PWH
• Price Crossed PWL
• Price Crossed PMH
• Price Crossed PML
• Master alert when price crosses any major level
These levels are commonly used as:
• Liquidity targets
• Acceptance/rejection zones
• Expansion levels
• Intraday reversal areas
• Trend continuation references
• Mean reversion zones
The indicator is designed to work especially well alongside:
• VWAP
• Order flow tools
• CVD
• Bookmap
• AMT concepts
• Session highs/lows
• Imbalance trading
This script focuses on simplicity, visibility, and accurate higher timeframe references without repainting or cluttering the chart.
Wskaźnik Pine Script®






















