🌓 Daily High/Low/Open
Trade with precision using intelligent daily high/low levels and projections
Market TypeRanging
Best TimeframesAll TFs
Difficulty🔥 Advanced
📋 Overview
Daily High/Low Levels are essential reference points that help traders anticipate price movements, set targets, and manage risk effectively. RelicusRoad Pro’s implementation goes beyond simple daily extremes to provide intelligent, actionable levels.
The system calculates levels before market open, adjusts for timezone and session differences, includes Fibonacci extensions, and updates dynamically throughout the trading day. This creates a complete framework for range trading, breakout confirmation, and session-based strategy implementation.
✨ Key Features
Dynamic Level Calculation
Automatically calculates previous day's high, low, and midpoint with timezone adjustments
Fibonacci Extensions
Provides breakout targets at 127.2%, 161.8%, and 200% extension levels
Session Integration
Adapts behavior based on London, New York, and Asian trading sessions
Multi-Day Analysis
Shows multiple days of levels for confluence and clustering identification
⚙️ How It Works
🔬 The Technology Behind Road Levels
Level Calculation Engine
Precise daily level computation
- └ Daily High: Previous 24-hour period's highest price
- └ Daily Low: Previous 24-hour period's lowest price
- └ Midpoint: 50% level between high and low for trend bias
Extension Mathematics
Fibonacci breakout targeting
- └ 127.2% Extension: First breakout target beyond range
- └ 161.8% Extension: Golden ratio breakout target
- └ 200% Extension: Full range projection target
Session Awareness
Time-based behavior adaptation
- └ London Session: Often sets daily extremes with strong moves
- └ New York Session: Tests extremes with volatile reactions
- └ Asian Session: Respects levels with mean reversion tendency
📊 Visual Representation
Daily High (Green)
Previous day's high point acting as potential resistance and breakout target
Daily Low (Orange)
Previous day's low point acting as potential support and breakdown target
50% Midpoint
Daily range midpoint for neutral decision zone and trend bias indicator
Fibonacci Extensions
127.2%, 161.8%, and 200% extension levels for breakout targeting
🎯 Trading Modes Explained
Level Touch Trading
- ✓ First touch offers highest probability reactions
- ✓ Morning setup identification and execution
- ✓ Stop placement beyond levels with confirmation
- ✓ Target opposite level or midpoint
Breakout Trading
- ✓ Volume and momentum confirmation required
- ✓ Fibonacci extension targeting system
- ✓ Retest validation for breakout confirmation
- ✓ Trail stops at extension levels
Range Trading
- ✓ 50% midpoint bias determination
- ✓ Buy low, sell high approach
- ✓ Partial profits at midpoint
- ✓ Reverse positions at extremes
Multi-Day Clustering
- ✓ 3-day level system analysis
- ✓ Confluence zone identification
- ✓ Increased position size justified
- ✓ Wider stops with larger targets
💡 Best Practices
Wait for first test of daily levels - highest reaction probability
Confirm level reactions with price action candlestick patterns
Respect session timing - London sets extremes, NY tests them
Use multiple timeframes to confirm daily level importance
Calculate position size based on distance to daily level
Place stops 10-15 pips beyond levels for conservative approach
Target opposite daily extreme or Fibonacci extensions
Track level touch and breakout statistics for optimization
Integrate with other indicators for confluence trading
Avoid trading every touch - maintain selectivity for quality setups
🎛️ Settings & Configuration
Range Trading (Asian Session)
Breakout Trading (London/NY)
Multi-Day Analysis
⚡ Quick Setup Guide
- Enable Daily High/Low levels on your preferred timeframes
- Note green line (daily high) and orange line (daily low)
- Identify 50% midpoint for trend bias determination
- Set alerts for level approaches and breakout confirmations
- Plan trades based on current session characteristics
📚 Complete Guide
🎯 Trading Strategies
Level Touch Trading
MediumTrade reactions at daily high and low extremes
- Note overnight price position relative to daily levels
- Identify nearest daily level for potential test
- Wait for approach and look for reaction signals
- Enter on confirmation candle with stop beyond level
- Target opposite level or midpoint
Breakout Trading
AdvancedTrade confirmed breakouts beyond daily range
- Wait for price to close beyond daily high/low
- Confirm with increased volume and momentum
- Enter on successful retest of broken level
- Target Fibonacci extensions: 127.2%, 161.8%, 200%
- Trail stops at each extension level
Range Trading
EasyTrade between daily high and low in ranging markets
- Identify range-bound market conditions
- Use 50% midpoint to determine bias
- Buy at daily low, sell at daily high
- Take partial profits at midpoint
- Reverse position at opposite extreme
Multi-Day Clustering
AdvancedTrade confluence zones where multiple day levels align
- Identify where multiple daily levels cluster together
- Mark confluence zones with weekly/monthly levels
- Increase position size for high-probability setups
- Use wider stops to accommodate cluster zones
- Target significant extensions beyond clusters
🔗 Other Features
Road Levels
Master RelicusRoad Pro's Road Levels (Price Action Road) for dynamic support/resistance zones and …
Support & Resistance
Master dynamic support and resistance zones for precise trading decisions
Action Levels
Leading price action levels that predict support and resistance before they form
Signal Lines
Master the dual signal line system for trend identification and trade timing
Daily Pivots
Master market movements with precision Fibonacci pivot levels based on daily ranges
Scalp Pivots
Master intraday scalping with real-time Fibonacci pivots that adapt to market structure
📑 Table of Contents
📊 Feature Info
🚀 Ready to Master Daily High/Low/Open?
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