Edge Daily Levels - Professional Daily Levels & Precision Zones for Sierra Chart
Unlock precise daily targets and key price zones with Edge Daily Targets, a professional-grade Sierra Chart study designed for traders seeking mathematically proven, actionable levels based on prior day price action.
All calculations are based on well-established trading methods using prior session OHLC and intraday open, commonly employed by professional traders, and are not proprietary inventions.
What Edge Daily Levels Does:
Edge Daily Levels is a custom ACSIL study that calculates critical daily support, resistance, and target levels by blending classic range-based methods with smart precision levels.
Key features include:
- Edge Target High/Low Zones: Derived from the previous day’s midpoint and range, adjusted for today’s opening price to capture intraday directional bias.
- Projected Highs & Lows: Potential breakout or reversal zones based on weighted price averages.
- Fibonacci Entry Zones: Edge Buy Zone and Edge Sell Zone for optimal entry points within the target range.
- Precision Levels: Six additional mathematically calculated support/resistance levels for refined trade management and precision entries/exits.
- Optional Fibonacci Drawing: Between target for visual context.
- Fully Configurable Inputs: Tick size rounding, session filtering, and chart source selection (intraday vs external daily charts).
Why Use Edge Daily Levels:
Transform daily historical price data into actionable trading levels, ideal for:
- Identifying high-probability reversal or breakout zones
- Determining intraday directional bias relative to prior sessions
- Finding precision entries using multiple layered levels
- Providing contextual support/resistance for smarter trade management
Key Benefits:
- Fully automated, ACSIL-optimized study for Sierra Chart
- Works on both intraday and external daily charts
- Tick rounding ensures levels align with tradable increments
- Customizable visualization
- Pairs effectively with other technical or order flow analyses
Recommended Use:
- Futures, indices, Forex, and equities where daily range and prior session data provide valuable context
- Traders seeking a rules-based, mathematically grounded method for daily targets and precision zones
- Combine with volume, VWAP, order flow, etc. for optimal entries
Installation:
- Receive file: EdgeDailyLevels.dll
- Copy the DLL into your SierraChart/Data folder
- Open Sierra Chart → Analysis → Studies → Add Custom Study
- Select Edge Daily Levels
- Add to your chart and configure as desired
🎯 Gain control over your daily trading edge with actionable, mathematically sound levels — Edge Daily Targets brings clarity and precision to your charts.
🔐 Activation Note:
⚠️ Before I can activate your custom Edge Daily Levels, I’ll need your Sierra Chart Username. As soon as I receive it, I’ll activate your study within 24 hours max — most of the time, it’s ready much sooner.
You can find it by going to:Help → About → SC Username
…or by logging into your account on the Sierra Chart website.
👉 You can send your username to: contact@tradingedgeresources.com