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Product Description
You need to load at least 20 days of data for this indicator to work.
Following the great welcome and high appreciation that our customers have been reserving for Prevday Critical S/R, ninZa.co developed this indicator - which is based on a similar concept but this time it helps project last week's levels onto the current trading week.
The previous week is a solid reference for the current week's trading. The market often rests, retraces, or reverses around last week's high, low, close, center - which therefore becomes critical support/resistance levels for today's session.
An upper mid & a lower mid based on last week's range are also added because of their high values as support/resistance. You will be astonished when seeing them in action.
How many times have you bought near last week's high or sold near last week's low, and then got stuck in bull/bear traps? The market frequently bounces or reverses around last week's high and low (at least temporarily) but you are tempted to make innocent trades there - just because you don't recognize these critical levels. Our indicator plots last week's critical support/resistance levels onto the current week, helping you never forget these important zones.
The market breaking above last week's high or below last week's low is an important event, on which the indicator will trigger alerts to notify you. The price regions above the high and below the low are optionally shaded for you to easily monitor.
There are as many as 6 plots. If you don't need one, please set its color to "transparent" to hide it from chart.
Key Features
- Plot last week's high, low, close, center
- Plot an upper mid & a lower mid based on last week's range (fully configurable)
- Paint price regions above last week's high and below last week's low in 2 different colors
- Trigger alerts on last week's range breach
- Print markers on last week's range breach
- Be NinjaScript ready for advanced usage, only restricted by your imagination
- Expose dedicated NinjaScript signals
Dedicated NinjaScript Signals
- Signal_State:
- 2 = above high
- 1 = from center to high
- -1 = from center to low
- -2 = below low
Product Media
These media materials may have been recorded/captured in favorable markets. Please review our “acceptable marketing practices”.
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From Happy Customers
by M.
Indicators Improved My Charts. Hannah's Help And Great Customer Service. Will Buy Again.
I have been using the ninZa.co indicators for several months now and am very happy with what a valuable addition they have been to my charts. I recently decided to add one of the recently released indicators from ninZa.co. But after using for a few days, it wasn’t quite what I had been looking for. I contacted ninZa.co and had the pleasure of working with Hannah for an exchange to a different one of the many available indicators. At the time, the indicator I wanted to purchase to replace the one I had recently bought was on sale. Hannah put through an exchange and without my having to ask, gave me the advantage of the sale price. She also included a pdf that provided education about the indicator I chose to switch to. Any time I have had contact with one of the associates from ninZa.co, I have received excellent customer service, and will not hesitate to purchase from them again.
by Bartosz
Grace Goes Above And Beyond: A Customer Support Experience That Exceeds Expectations!
Thank You, Grace! Your support is extraordinary I wish all companies have such great support. Keep going I’m 200% satisfied.
by Kari L.
ConnorsRSI Pro With Grace's Outstanding Customer Service
Thank you very much for your excellent customer service, Grace! You are doing an excellent job making customers' lives much easier.
by T.
An Exemplary Customer Experience At NinZa.Co: Unveiling The Power Of Cumulative Delta
I'm a new customer with ninZa.co and i was needing help today in making a purchase. I made a request on your chat platform and Hannah came to my rescue. She helped me find the what I needed and even offered me a discount. Everything went very smoothly from that point. I made the purchase and she even provided me some documentation on the indicator. I am very pleased with her assistance. Thanks again Hannah for your excellent customer service !!
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Software Changelog
10 Sep 2020
Massive changes, fixes and improvements were made (DPI, display name, Z order, alert properties, marker string, bar painting, chart info, property naming/positioning/grouping); alert popup was visually enhanced
07 Jan 2020
A minor issue with high/low breach was fixed.
17 Jun 2019
The indicator was released (build new).
