Daily Open Price Indicator
Visualize Daily Open Prices
The Daily Open Price indicator is a clean, minimal tool designed for day traders who use the daily opening price as a key reference level. It automatically plots a horizontal line across your chart to mark exactly where price opened for the current trading day.
Key Features
- Instant Reference: Automatically draws a line at the day's opening price, acting as a dynamic support/resistance level.
- Bias Confirmation: Helps you instantly determine if you are bullish (above open) or bearish (below open) for the day.
- Zero Clutter: A single, purposeful line that keeps your chart clean while providing essential context.
- Multi-Timeframe Ready: Visible on lower timeframes (1m, 5m, 15m, etc.) to keep you aligned with the daily perspective.
How to Add
Log in to your TradingView account and visit the script page. Click "Add to Favorite Indicators" to save it. Then, open your chart, click "Indicators," go to "Favorites," and select "Daily Open Price" to add it to your workspace.