Jump to content
This dude Paul

HOD/LOD

Recommended Posts

Hi Paul,

I might have to split your question up:

 

If premarket high is a higher price than the high after the market open, which one is the "high of day"?

The high of day is the highest price after the market open.  If premarket high is a higher price, it is still just "premarket high", NOT high of day.

 

 

Should I plot premarket high/low?

Yes, and better yet you can have DAS automatically plot those levels for you.

Right click a Chart > Study Config > select a PriceMarker indicator > Configure to display PreMktHigh and PreMktLow.

You can do the same thing for High of Day and Low of Day as well,

but make sure your make the line style different from daily levels

otherwise you might accidentally think that the high of day bounced off of a daily level when there isn't actually a resistance there etc...

153249103_Screenshot2021-09-17133900.png.851697511b9053c42850a891129149ab.png

Edited by Bailey Nevener
  • Thanks 1

Share this post


Link to post
Share on other sites
On 9/17/2021 at 1:46 PM, Bailey Nevener said:

Hi Paul,

I might have to split your question up:

 

If premarket high is a higher price than the high after the market open, which one is the "high of day"?

The high of day is the highest price after the market open.  If premarket high is a higher price, it is still just "premarket high", NOT high of day.

 

 

Should I plot premarket high/low?

Yes, and better yet you can have DAS automatically plot those levels for you.

Right click a Chart > Study Config > select a PriceMarker indicator > Configure to display PreMktHigh and PreMktLow.

You can do the same thing for High of Day and Low of Day as well,

but make sure your make the line style different from daily levels

otherwise you might accidentally think that the high of day bounced off of a daily level when there isn't actually a resistance there etc...

153249103_Screenshot2021-09-17133900.png.851697511b9053c42850a891129149ab.png

Thank you very much, Bailey. Your answer was definitely helpful. 

  • Like 1

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.