This indicator plots the current day’s low as a horizontal line on your chart and provides an optional offset line above it. It’s designed for traders who want to monitor when price is near or breaking below the daily low. You can set alerts based on the built-in alert conditions to be notified whenever the market approaches or crosses below these key levels.
How to Use With Alerts: 1. Add the indicator to your chart and choose a timeframe (e.g., 15 minutes). 2. In the script inputs, enable or adjust the daily low line and any offset percentage if desired. 3. Open the “Alerts” menu in TradingView and select the corresponding alert condition: • Cross Below Daily Low to detect when price dips below the day’s low. • Cross Below Daily Low + Offset if you prefer a small cushion above the actual low. 4. Configure the alert’s frequency and notifications to stay updated on potential breakdowns.
This setup helps you catch new lows or near-breakdowns quickly, making it useful for both intraday traders and swing traders watching key support levels.
نص برمجي مفتوح المصدر
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.