- #22
- Last Post: Edited 12:23pm Jul 3, 12:03pm (1 hr 30 min ago) | Edited 12:23pm
- | Joined Apr 2020 | Status: Trader | 74 Posts
A very simple and light weight script I created earlier from another script modification but very useful and effective. When scalping or trying intraday trading, we can sometimes easily overlook where price is trading in relation to the previous candle close such as H1 or H4. I'm pretty sure this is very important for some price action traders.
Title: Current & Previous Candle High/Low Label Indicator (Pine Script v6)
Description: This lightweight, clean indicator plots real-time text labels displaying the exact High and Low prices for both the current (live) candle and the previous (completed) candle.
It’s designed to help traders quickly monitor key intraday levels, immediate breakouts, or breakdown structures without having to constantly hover over the bars.
Key Features: 
Title: Current & Previous Candle High/Low Label Indicator (Pine Script v6)
Description: This lightweight, clean indicator plots real-time text labels displaying the exact High and Low prices for both the current (live) candle and the previous (completed) candle.
It’s designed to help traders quickly monitor key intraday levels, immediate breakouts, or breakdown structures without having to constantly hover over the bars.
Key Features:
- Flexible Display Modes: Choose to show "Both", "Live only", or "Previous only" labels via the settings menu.
- Smart Breakout Alerts (Visual): The previous candle labels dynamically update to include text indicators (| Price trading above or | Price trading below) if the current live price breaks past the prior candle's high or low.
- Fully Customizable Layout: Features adjustable font sizes, customizable bar offsets (horizontal shifting), and dynamic ATR-based vertical offsets to prevent the labels from overlapping or crowding the price action.
