A very simple indicator that displays the Open of the specified Timeframe
How to use this indicator?
1. Directional Bias
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
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