OPEN-SOURCE SCRIPT

Weekly High/Low Day Stats

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This TradingView Pine Script (v5) analyzes weekly highs and lows to identify on which day of the week (Monday → Friday) they most frequently occur.

🔎 How it works:

Tracks the weekly highest high and lowest low.

At the end of each week, it records the day of the week when the high and low were set.

Keeps historical data for the last 100 weeks (adjustable).

Displays a table showing:

How many times each day marked the weekly high or weekly low.

The corresponding percentage distribution.

🎯 Use case:

Helps traders understand the weekly timing tendency

Reveals which day is statistically more likely to set the weekly high or weekly low.

Useful for weekly planning and strategies that rely on market structure and timing (e.g., ICT concepts like the "High/Low of the Week").

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