Description:
The Prior Day Close indicator is a handy tool for traders using MetaTrader 4. It displays the closing price of the previous trading day for both the European markets and the NYSE. This information is crucial for gauging market sentiment and making informed trading decisions.
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This indicator allows you to see where the market closed yesterday, which can be especially useful around key opening times. For example, the futures market opens at 8:00 AM, followed by the European floor markets at 9:00 AM. The European market closes at 5:30 PM, and you can also track the futures close at 10:00 PM, particularly for indices like the German DAX.
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