Basic Key Levels | Feng Futures

Key Levels | Feng Futures (Basic) automatically plots the most essential daily reference levels used by futures traders to establish intraday context and structure.

This lightweight version focuses on the three levels that matter most for session bias and liquidity reference:

Previous Day High (PDH)

Previous Day Low (PDL)

Session Open (18:00 NY for futures)

These levels are commonly used by professional and institutional participants as decision points for:

directional bias

continuation vs. reversal context

risk definition and invalidation

Features:
• Auto-plotted PDH and PDL
• Futures session open (18:00 NY)
• Clean, non-repainting levels
• Lines extend forward for intraday use
• Optional price labels pinned to the right edge
• Minimal design to reduce chart clutter
• Full color, width, and label customization
• Optimized for intraday futures trading

This indicator does not provide trade signals or alerts.
It is designed to support planning, execution, and review within your own trading framework.

Best used on:
ES, NQ, RTY, YM (intraday timeframes)

PDH / PDL levels can be used as take profit targets or to help form bias. For example, if we break out of PDH, we may look for longs.

Disclaimer:
This indicator is for educational purposes only and does not constitute financial advice. Trading futures involves significant risk and may not be suitable for all investors. Always do your own research and use proper risk management.