OPEN-SOURCE SCRIPT
ZelosKapital Weekly/Monthly HL
The ZelosKapital Weekly/Monthly high low indicator is designed to display the weekly and monthly high and low levels directly on the price chart. It helps traders easily identify key support and resistance zones by marking the highest and lowest points of the current week and month. The indicator automatically updates these levels as the price moves, providing a clear visual reference for intraday trading strategies.
Ideal for both Day Trading and Swing Trading, this tool offers valuable insights into potential reversal points, breakout areas, and zones of consolidation. By monitoring these significant price levels, traders can make more informed decisions, timing their entries and exits with greater precision. Whether you're looking for short-term price action or longer-term trends, the weekly and monthly highs and lows serve as critical levels to guide your trades.
Ideal for both Day Trading and Swing Trading, this tool offers valuable insights into potential reversal points, breakout areas, and zones of consolidation. By monitoring these significant price levels, traders can make more informed decisions, timing their entries and exits with greater precision. Whether you're looking for short-term price action or longer-term trends, the weekly and monthly highs and lows serve as critical levels to guide your trades.
Script open-source
Dans le plus pur esprit TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.
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