Daily Open Line is a very simple indicator tracing an horizontal line at daily open price.
- Bullish Trend: if the price is above the open daily line, this level works as Support
- Bearish Trend: if the price is below the open daily line, this level works as Resistance
- File: Daily_Open_Line.mq4
- Size: 2 Kb
Daily Open Line Mod-X
This version draws a line at the opening session. You can set the time.
- File: Daily_Open_Line Mod-x.mq4
- Size: 3 Kb