OPEN-SOURCE SCRIPT

DWM HLOC, Mid & Wicks

105
Simple, yet effective.

1. Automatically calculate and projects key price levels from a previous period (Yesterday, OR Last Week / Month) onto the current trading session. It acts as an immediate Support & Resistance map based on historical price action.

2. Multi-Timeframe Logic

Modes --
Daily Mode: Projects yesterday's data onto today.
Weekly Mode: Projects last week's data onto the current week.

3. Key Levels Visualized The script calculates seven distinct price levels:

OHLC: Previous Open, High, Low, and Close.
Equilibrium (Mid): The exact 50% mark between the previous High and Low.
Wick Midpoints (New):

Upper Wick 50%: The midpoint between the High and the top of the body.
Lower Wick 50%: The midpoint between the Low and the bottom of the body.

4. Smart "Gap" Visualization The script uses unique starting points to help traders visualize market gaps:

Standard Levels (High, Low, Open, Mids): These lines originate from the Previous Period's Open, showing the full context of the level relative to time.

Close Level: This line originates from the Current Period's Open. This visually highlights the "Gap" (the jump in price between where the market closed previously and where it opened today).

5. Full Customization

Aesthetics: Every line can be individually toggled on/off.
Styling: Users can independently change the color, line style (Solid, Dotted, Dashed), and thickness for every specific level.

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