Daily Direction Profile
Daily Direction Profile indicator helps traders to identify the direction and Bias of the current trading day by detecting breaks of the Previous Day High (PDH) and Previous Day Low (PDL), with a focus on early session breaks.
The underlying idea is simple: when price breaks above PDH or below PDL early in the trading day, it often signals the dominant direction for that session. Early breaks tend to be more meaningful than late-day breaks.
Features
- Session Boxes – Visualizes three major trading sessions (Asia, London, NY AM) as colored high/low range boxes
- Daily Structure – Tracks the current day’s high and low with horizontal lines, and marks day separators with vertical dashed lines
- PDH/PDL Break Detection – Identifies the first break of the previous day’s high or low
- Time Filter – Optionally limits signals to the first part of the day (configurable, default 12 hours)
- Visual Signals – Triangle markers at the day’s starting bar plus optional break level lines
- Dual EMAs – Fast and slow EMAs for additional trend context
- Alerts – Built-in alert conditions for both PDH and PDL breaks
After purchase you get Lifetie Access to this Invite-Only TradingView™ Indicator .