OPEN-SOURCE SCRIPT

Weekly & Monthly HL

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This indicator automatically plots the current weekly and monthly high and low levels as clean horizontal lines on the chart. These levels are widely used by traders to identify key areas of interest where price may react, reverse, or consolidate.

The script is designed with a minimal and distraction-free layout. Labels are positioned on the right side of the chart, keeping the view clean while clearly marking each level. Weekly levels are shown in blue and monthly levels in red, making it easy to distinguish between short-term and higher timeframe zones. This tool can be helpful for understanding market structure, planning entries, and managing risk across different timeframes.

면책사항

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