Previous Days High & Low RTH Session by TenAM Trader

Purpose:
This indicator plots the high and low levels of previous trading days’ Regular Trading Hours (RTH), helping traders identify key support and resistance zones based on historical price action.

How to Use / Strategy:
Designed as a super simple trading strategy:
Buy when price breaks above and confirms the previous day’s high.
Sell when price breaks below and confirms the previous day’s low.
Alerts notify you when price interacts with these levels, helping traders act on confirmed breakout opportunities rather than premature moves.
*Traders can also look for reversal opportunities if price breaks back through one of the levels.

Note: Make sure RTH (Regular Trading Hours) is turned on for the chart, as the indicator is based on RTH highs and lows.

Features:
Tracks previous days’ highs and lows.
Provides clear visual reference for support and resistance.
Simple, actionable strategy based on breakout confirmations and reversal plays.
Alerts for confirmed price breaks.

Disclaimer:
This indicator is for educational and informational purposes only. It does not provide financial advice. Trading involves risk, and past performance does not guarantee future results. Users trade at their own risk.