OPEN-SOURCE SCRIPT
已更新 Monday High & Low - Pro
Welcome to the Monday Range & Liquidity Sweeps indicator, a powerful and clean tool designed specifically for Range Traders and Smart Money Concepts (SMC) enthusiasts.
📊 The Core Concept:
According to market data and price action algorithms, the first day of the trading week sets the tone.
Monday High acts as a major Resistance and a pool of Buy-Side Liquidity (BSL).
Monday Low acts as a strong Support and a pool of Sell-Side Liquidity (SSL).
💡 How to Trade with this Indicator:
This indicator automatically plots the Monday High and Low from the exact candles they were formed, extending cleanly to the right. You can use these levels to trade high-probability liquidity sweeps:
🐻 Bearish Setup (Short): Wait for the market to sweep the Monday High (grabbing liquidity). If the price fails to hold above and closes back inside the Monday range, it indicates a false breakout. You can enter a short position targeting the opposite liquidity pool: the Monday Low.
🐂 Bullish Setup (Long): Wait for the market to sweep the Monday Low. If the price rejects and closes back inside the Monday range, the bearish momentum is likely trapped. You can enter a long position targeting the opposite liquidity pool: the Monday High.
⚙️ Key Features (Pro Customization):
Custom Timezone (UTC Offset): Manually input your UTC offset in the settings to align the Monday range perfectly with your trading session (e.g., New York, London, or Local Time).
Clean Visuals: Adjust line thickness, color, transparency, and style (Solid, Dotted, Dashed) so it blends perfectly with your chart theme.
Minimalist Design: Only draws what you need. Labels and lines automatically extend without cluttering your historical price action.
Drop a like and leave a comment if this helps your trading week. Trade safe and always manage your risk!
📊 The Core Concept:
According to market data and price action algorithms, the first day of the trading week sets the tone.
Monday High acts as a major Resistance and a pool of Buy-Side Liquidity (BSL).
Monday Low acts as a strong Support and a pool of Sell-Side Liquidity (SSL).
💡 How to Trade with this Indicator:
This indicator automatically plots the Monday High and Low from the exact candles they were formed, extending cleanly to the right. You can use these levels to trade high-probability liquidity sweeps:
🐻 Bearish Setup (Short): Wait for the market to sweep the Monday High (grabbing liquidity). If the price fails to hold above and closes back inside the Monday range, it indicates a false breakout. You can enter a short position targeting the opposite liquidity pool: the Monday Low.
🐂 Bullish Setup (Long): Wait for the market to sweep the Monday Low. If the price rejects and closes back inside the Monday range, the bearish momentum is likely trapped. You can enter a long position targeting the opposite liquidity pool: the Monday High.
⚙️ Key Features (Pro Customization):
Custom Timezone (UTC Offset): Manually input your UTC offset in the settings to align the Monday range perfectly with your trading session (e.g., New York, London, or Local Time).
Clean Visuals: Adjust line thickness, color, transparency, and style (Solid, Dotted, Dashed) so it blends perfectly with your chart theme.
Minimalist Design: Only draws what you need. Labels and lines automatically extend without cluttering your historical price action.
Drop a like and leave a comment if this helps your trading week. Trade safe and always manage your risk!
版本注释
Added New Features: Label Positioning (Left/Center/Right) and Chart History Limit (Show data up to 6 months) to keep the chart clean and improve performance.版本注释
Pro Customization & Chart Optimization 🚀We have completely upgraded this indicator based on community feedback to give you the ultimate clean chart experience! Here is what's new in this version:
🏷️ Dynamic Label Positioning: You can now move the "Monday High" and "Monday Low" text labels to the Left, Center, or Right of the lines. (Center floating labels look incredibly clean!).
🧹 Smart History Limits: Tired of messy charts? You can now limit the historical data. Choose to display lines only for the last 2 Weeks, 1 Month, 3 Months, or 6 Months. This keeps your current price action clear and speeds up chart loading.
📅 Custom Date Range (Backtesting Mode): Added a built-in Calendar UI! Select "Custom Range" in the settings to pick exact Start and End dates. The indicator will now only draw levels for your specific backtesting period.
⚡ Performance Boost: Optimized the Pine Script logic and increased the drawing limits so the indicator runs flawlessly on all timeframes without any errors.
Simply refresh your chart or open the indicator settings (⚙️) to enjoy these new features. Trade safe!
版本注释
"Current Week" Mode Added! 📅⚡Based on trader feedback, we have introduced a new highly requested feature to keep your charts as minimalistic as possible.
🆕 "Current Week" Filter: Set as the new default! The indicator will now only display the Monday High & Low for the current active week. All previous weeks' data is automatically hidden to prevent chart clutter.
⚙️ Full Control: If you are backtesting, you can still easily switch the History setting back to 2 Weeks, 1 Month, or even use the Custom Date Range Calendar.
🚀 Better performance and ultra-clean visual experience for active day traders.
Refresh your charts to see the update in action!
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You Can Join Us at Telegram @TWDMarkets
Admin: @TWDSupport
PA: @TWDSupport
Admin: @TWDSupport
PA: @TWDSupport
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
You Can Join Us at Telegram @TWDMarkets
Admin: @TWDSupport
PA: @TWDSupport
Admin: @TWDSupport
PA: @TWDSupport
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。