12 Weeks of Weekly Levels

26 thg 7, 2021

A very simple indicator, which basically looks back on the past 12 weeks at 8PM EST and finds the highs and the lows. Once it finds those levels, it draws them as horizontal rays on the chart. The lows are drawn in green (to indicate previous buy zones) and the highs in red (to indicate previous sell zones). No user inputs are required

Nothing fancy, just weekly levels for the past quarter. You can easily draw these on a chart yourself, but it becomes very time consuming if you are watching a bunch of instruments and then Sundays come around.

Special shoutout to rumpypumpydumpy on StackOverflow for helping me work out the kinks, this is the first indicator I ever created. Hope it helps you find confluence in your decision making