OPEN-SOURCE SCRIPT

12 Weeks View [by Roman]

A clean market structure indicator designed for traders who focus on liquidity, key levels, and higher-timeframe context.

Features

Weekly Start Markers
Draws vertical lines at the beginning of each week.
Displays only the most recent 12 weeks to keep the chart clean.
Weekly line color is fully customizable.
12-Week Extreme Levels
Calculates the highest high from the previous 12 completed weeks.
Calculates the lowest low from the previous 12 completed weeks.
Displays a single horizontal level for each extreme.
High and Low line colors can be customized independently.

Why Use It?
The highest and lowest points of the last 12 weeks often act as significant liquidity pools and major support/resistance levels. These areas are frequently referenced by:

Smart Money Concept (SMC) traders
ICT traders
Swing traders
Position traders
Market structure analysts

The weekly separators provide clear temporal context, helping traders identify:

Weekly range development
Liquidity sweeps
Breakouts from multi-week consolidation
Reactions at major higher-timeframe levels
Settings
Weekly Start Line Color

Controls the color of the weekly separator lines.

Best Used For

Cryptocurrency markets
Forex markets
Indices
Stocks
Multi-timeframe analysis

This indicator is intentionally minimalistic, providing only the most relevant weekly structure information without cluttering the chart.

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開源腳本

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