How to use the Key Levels indicator on Punch

Plot multi-timeframe open, high, low, close, and midpoint levels on Punch charts with the Key Levels indicator.

Written By Archit Sunat

Last updated 3 days ago

The Key Levels indicator on Punch plots open, high, low, close, and midpoint levels from previous periods — across intraday, daily, weekly, monthly, yearly (52W), and Monday Range timeframes — on any chart. Pick which timeframes to show, which levels (O / H / L / C / Mid) to enable per timeframe, and customise colours, opacity, line style, and labels.


What the Key Levels indicator plots

For each enabled timeframe, Punch can draw up to five horizontal levels:

  • O — previous period's Open

  • H — previous period's High

  • L — previous period's Low

  • C — previous period's Close

  • Mid — midpoint, calculated as (H + L) / 2

You choose which of these to display per timeframe — they're all independent toggles.


Timeframes supported

Timeframe

What it shows

Intraday

Previous 1h, 75 min, 2h, 125 min, or 4h levels (pick one)

Daily

Previous day's levels

Weekly

Previous week's levels

Monthly

Previous month's levels

Yearly (52W)

Current 52-week high, low, mid, open

Monday Range

High, low, and mid from the first trading day of the current week

By default, only Daily and the Intraday timeframe are enabled — others are off until you turn them on.


How to add Key Levels to a chart

  1. Open any chart on Punch.

  2. Tap the Fx (Indicators) icon on the chart toolbar.

  3. Search for Key Levels or find it under indicators.

  4. Tap to add. Default levels appear on the chart.

  5. Tap the edit (pencil) icon next to Key Levels to open settings and customise.


Customising Key Levels

Settings are split into two parts.

Global settings (apply to every timeframe)

  • Line Width — Small, Medium, or Large

  • Line Style — Solid, Dashed, or Dotted

  • Text Size — Small, Medium, or Large

  • Display Style — Standard or Right Anchored

  • Labels — toggle all labels on or off

  • Shorthand Text — show short codes like "PDH" instead of "Prev Day High"

  • Level Merge — combine identical level prices across timeframes into a single line

Per-timeframe settings

For each timeframe section (Intraday, Daily, Weekly, Monthly, Yearly, Monday Range) you can independently:

  • Toggle which levels are visible (O, H/L, C, Mid)

  • Pick a colour

  • Adjust opacity

  • For Intraday only — choose the period: 1h, 75 min, 2h, 125 min, or 4h


Reading the labels on the chart

Each level is labelled directly on the chart. With Shorthand Text on, labels use short codes; off, they use the full name.

Timeframe

Shorthand

Full label

Daily

PDH, PDL, PDC, PDM

Prev Day High / Low / Close / Mid

Weekly

PWH, PWL, PWC, PWM

Prev Week High / Low / Close / Mid

Monthly

PMH, PML, PMC, PMM

Prev Month High / Low / Close / Mid

Yearly

52WH, 52WL, 52WO, 52WM

52W High / Low / Open / Mid

Monday Range

MDAY-H, MDAY-L, MDAY-M

Monday High / Low / Mid

Intraday

P-1H-H, P-2H-L, etc.

Prev [timeframe] High / Low / Close / Mid

For Intraday labels, the selected period replaces "[timeframe]" — e.g. "P-125min-H" for previous 125-minute high.


Q&A

Can I show levels from multiple timeframes at once?

Yes. Each timeframe section is independent — turn on Daily, Weekly, and Monthly together, for example. Use Level Merge if identical prices across timeframes are creating overlapping labels.

What's the Monday Range?

Monday Range plots the high, low, and midpoint from the first trading day of the current week. Some intraday traders use it as a weekly reference zone.

Does Key Levels work on options charts?

Yes — Key Levels is available on all charts, including options. Levels are calculated from the option contract's own previous-period data.

Why are some levels missing on my chart?

A level only renders if the previous period's data is available for that contract. For illiquid or newly listed instruments, some timeframes may not have data yet.


Things to keep in mind

  • Defaults are conservative. Only Daily and the Intraday timeframe are enabled out of the box. Turn on the timeframes you want — most aren't visible until you do.

  • Line width and style are global. Once set, they apply across every timeframe. Use colour and opacity per timeframe to tell them apart.

  • Merge avoids clutter. When the previous day's high and previous week's high coincide, Level Merge collapses them into one labelled line.

  • Intraday timeframe is one at a time. You can pick 1h, 75 min, 2h, 125 min, or 4h — but only one Intraday period per chart.