Weekly Grid

9月21日

Weekly Grid Indicator
What It Does
Weekly Grid tracks Sunday 4:00 PM to Monday 4:00 PM (UTC-7) price ranges and plots high/low horizontal lines with vertical period markers. Helps identify weekly support/resistance levels.
Key Features

Period: Sun 4PM - Mon 4PM (UTC-7)
Lines: 2px thick high/low levels with price labels
Verticals: Green lines marking period boundaries
Alerts: Price breaks above high/below low
Lookback: Adjustable historical periods (default 1000 bars)



Trading Applications

Breakouts: Trade breaks of weekly high/low
Range: Fade approaches to extreme levels
Support/Resistance: Use as key weekly pivots
Alerts: Get notified of level breaks



Best For

Day traders seeking weekly structure
Swing traders using weekly pivots
Anyone wanting Sunday-Monday momentum levels

Simple weekly levels. Clear trading signals.
Copy the Pine Script code, add to TradingView, and start trading the levels.

10月4日

發行說明

Mastering the Weekly Grid: Your Step-by-Step Guide to Chart Analysis
Unlock the power of structured price action with the Weekly Grid indicator—a versatile tool that transforms your TradingView charts into a roadmap of key levels based on your chosen daily periods. Whether you're trading sessions, weekly swings, or multi-day ranges, this indicator draws vertical boundaries and horizontal high/low lines (with optional Fibonacci retracements) to spotlight where price is likely to react. Here's how to put it to work on your charts, step by step.
Step 1: Apply and Customize for Your Market
Pick your Start Day and End Day (e.g., Monday to Tuesday for early-week momentum or Wednesday to Friday for mid-week builds). Set the Target Time to match your session (like 4:00 PM for closes). If you want deeper precision, toggle Show Fib Retracement Grid on and tweak transparency for subtle overlays. Hit OK, and watch the grid populate as new periods form.
Step 2: Spot the Grid's Core Structure on Your Chart
Zoom out to a daily or 4-hour view— you'll immediately see green vertical lines popping up at your selected start and end times, framing each period like bookends. Between them, expect thick green horizontal lines tracing the session's high and low, complete with white labels showing exact prices (e.g., "High: 3578.42"). If Fibs are enabled, a ladder of 9 subtle lines (0% at high to 100% at low) fills the range, color-coded for quick scans: blues for potential bounces, reds for reversals, and green for the pivotal 50% midpoint.
As periods complete, these lines extend rightward from the start line, creating a "grid" of historical levels that fade based on your look-back setting—keeping your chart clean while revealing multi-period confluence.
Step 3: Scan for Price Interactions—What to Watch For
Now, dive into live action on a 15-minute or 1-hour timeframe. Look for price "testing" the grid:

Approaching the High Line: If candles wick into but reject the high (especially near the 85% or 75% Fib), anticipate a pullback—short here with a stop above, targeting the 50% Fib or low line for a quick scalp.
Bouncing Off the Low Line: Watch for bullish hammers or engulfing patterns at the low (around 15% or 25% Fib)—go long, aiming for the 50% Fib as your first profit layer.
Breakouts Beyond Extremes: A close above the high line signals upside momentum—add to longs, trailing stops to the 20% Fib. Conversely, drops below the low scream caution; scale out shorts toward the 80% Fib.
Fib Confluence Zones: The real magic happens when price stalls at stacked levels (e.g., period low + 25% Fib)—these are high-probability reversal spots. Volume spikes or RSI divergences here? That's your green light for directional trades.

Cycle through timeframes: On hourly charts, use the grid for intraday swings; daily views reveal how weekly periods align with broader trends.
Step 4: Activate Alerts and Refine Your Edge
Set up alerts via TradingView's alert menu—choose "Price Above High" for breakout chases or "Price Below Low" for downside protection. As you trade, note patterns: Do breaks from Monday-Tuesday periods hold better in uptrends? Adjust your end day (e.g., to Friday) for full-week context. Over time, layer in volume or momentum oscillators—the grid shines as your anchor, turning chaotic price into predictable zones.
In essence, Weekly Grid isn't just lines—it's your weekly compass. Start with one period pair, observe reactions for a week, and watch your entries sharpen. Trade the reactions, respect the breaks, and let the grid guide your flow.

10月7日

發行說明

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