Period Open

A very simple indicator that displays the Open of the specified Timeframe

How to use this indicator?
1. Directional Bias

• Bullish => Closing Price > Period Open
  
• Bearish => Closing Price < Period Open
  

2. Support / Resistance
Each Period Open can be used as Support or Resistance

3. Take Profit Targets
Each Period Open can be used as targets for taking profit