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Plot Higher Timeframe Open, High, Low, and Close Levels (OHLC) on Lower Timeframe Charts

$99.99 $69.99

This indicator plots the open, high, low, and/or close for a specified timeframe (hour, day, week, month, etc.) on a lower timeframe chart. Say you’re trading on a 5 minute chart, and you want to be aware of important nearby price levels. You can add the OHLC levels for the prior day, prior week, prior month, etc. You can also add the levels for the current day, week, month, etc., or 3 days ago, or any other combinations you can think of. You can selectively turn off certain values you don’t want (the closing price for the current day, for instance). All in all, a very useful indicator for keeping track of important support and resistance levels!

Description


The Higher Timeframe OHLC “BIG LEVELS” indicator plots the open, high, low, and/or close for a specified timeframe (hour, day, week, month, etc.) on a lower timeframe chart. Say you’re trading on a 5 minute chart, and you want to be aware of important nearby price levels. You can add the OHLC levels for the prior day, prior week, prior month, etc. You can also add the levels for the current day, week, month, etc., or 3 days ago, or the current 3-day bar, or any other combinations you can think of. You can selectively turn off certain values you don’t want (the closing price for the current day, for instance). You can even fill in the range with an optional a “candle cloud” showing what color and range the higher timeframe’s candle looks like. All in all, a very useful indicator for keeping track of important support and resistance levels and the higher timeframe trends!

Screenshots

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Higher timeframe OHLC levels indicator with Candle Cloud setting turned on, displaying the higher timeframe’s candle body.

 

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The OHLC levels indicator set to show the prior day’s levels.

 

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Two 2 instances of the higher timeframe OHLC levels indicator added to one chart, showing the current day’s levels and the current week’s levels at the same time.

 

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Higher timeframe OHLC levels indicator for thinkorswim showing daily and weekly levels

 

FAQs

Q: Does the daily OHLC take into account premarket or aftermarket data?

A: No, it only shows the OHLC for regular trading hours data, not the premarket high/low, because that is what the higher timeframes like the daily candle and so forth are formed based upon (for premarket levels you might check out the premarket high/low range indicator).

Questions?

Email me here or leave a comment below!

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