Price (HLC) breaks indicator


Maybe one of the most effective indicator that I use on daily basis, Price breaks.

Again and again you can see how previous day/week/month's high/low and especially close act as support/resistance and how price bounces off these levels.

The shapes:

  • month's high/low/close are marked with circles
  • week's high/low/close marked with crosses
  • day's high/low/close with lines

The colors:

  • red - the highs
  • green - the lows
  • blue - the closes


Trade long and prosper!