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Previous OHLC By JD

The "Previous OHLC By JD" indicator helps traders visualize key historical price levels on their charts. It tracks the Open, High, Low, and Close (OHLC) prices from a specified timeframe to identify potential support and resistance levels.

Features:

Custom Timeframe: Choose the timeframe for OHLC levels.

Visibility Toggles: Turn the Open, High, Low, and Close lines on or off.

Color Customization: Set unique colors for each OHLC line.

Adjustable Thickness: Modify line thickness for better visibility.

Automatic Labels: Each line is labeled with its price and timeframe.

How to Use:

Select Timeframe: Choose the desired timeframe (e.g., 1 hour, 4 hours, 1 day).

Toggle Visibility: Show or hide the Open, High, Low, and Close lines.

Customize Colors: Set colors for each OHLC line.

Adjust Thickness: Set the line thickness.

Interpret Levels:

Open Line: Sentiment at the start of the period.

High Line: Potential resistance level.

Low Line: Potential support level.

Close Line: Sentiment at the end of the period.

Use this indicator to gain insights into historical price action and make informed trading decisions.
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