OPEN-SOURCE SCRIPT

Weekly Monthly Structural Levels

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Prior week high/low + prior month high/low as right-edge labeled horizontal lines. Pure visual layer — alerts live in the
Plots the four structural levels institutional traders watch most across the weekly and monthly timeframes:

Per-level visibility toggles in the Inputs tab (not Style tab) — turn off levels you don't care about for the current setup (e.g., skip
PMH/PML for pure intraday scalping, skip PWH/PWL for monthly swing analysis).

Color convention:
- Weekly = green (closer-in, more reactive)
- Monthly = deep yellow (further-out, structural)
- Width 2 on both — visible without overpowering candles

How to use: Apply to any chart, any timeframe. Best paired with the "Levels Day-VWAP Engine" companion script — that one carries the alerts
(PWH break / PWL hold / PML reclaim etc.) so you get the full system with one alert slot used. Use this visual layer for chart context; let
the engine fire the actual triggers.

Tags: support-resistance weekly monthly swing-trading structural-levels breakout prior-high-low

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.