I've designed the "Previous Day and Week Ranges" indicator to enhance your trading strategy by clearly displaying daily and weekly price levels. This tool shows Open-Close and High-Low ranges for both daily and weekly timeframes directly on your trading chart.
Key Features :
Potential Support and Resistance: The indicator highlights previous day and week...
Weekly Range Support & Resistance Levels
Description:
The Weekly Range Support & Resistance Levels analyzes weekly ranges and takes the average range of the last 30 weeks (default setting).
It also takes the average +/- a standard deviation, and creates support & resistance levels/zones based on the weekly opening price.
The levels will update each week,...
William O'Neil was a big proponent of using weekly charts, often highlighting the significance of 3 or more tight weekly closes, or a sequence of five or more consecutive up weeks. This indicator recognizes both of these conditions providing clear visual cues to signify this institutional buying activity. When three tight weekly closes or more occur a circle will...
![TSLA: Weekly Range Support & Resistance Levels [QuantVue]](https://s3.tradingview.com/5/5aTZzreA_mid.png "Weekly Range Support & Resistance Levels [QuantVue]")
