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Monday Range +

Monday Range+
A precision tool for early-week price action traders.
🔧 Features:
- Auto-draws Monday High, Low & Midrange
- Clear LONG/SHORT signal labels
- Midrange Reset (reloads trade logic)
- Ex-Line Protection (sweep filter)
- ½ Risk to Reward extension option
- Multi-Timeframe (MTF) support
📈 Trade Setup Logic:
LONG Setup:
- Valid only after Monday
- Price breaks below Monday Low
- Closes back above the Low and under the Midrange
- Candle must close higher than previous candle
- If Ex-Line Protection is on, trade is blocked if price swept below extension
- Enter at the Low of the range, target the High
SHORT Setup:
- Valid only after Monday
- Price breaks above Monday High
- Closes back below the High and above the Midrange
- Candle must close lower than previous candle
- If Ex-Line Protection is on, trade is blocked if price swept above extension
- Enter at the High of the range, target the Low
🎯 Ideal for liquidity fades and range reversal setups.
A precision tool for early-week price action traders.
🔧 Features:
- Auto-draws Monday High, Low & Midrange
- Clear LONG/SHORT signal labels
- Midrange Reset (reloads trade logic)
- Ex-Line Protection (sweep filter)
- ½ Risk to Reward extension option
- Multi-Timeframe (MTF) support
📈 Trade Setup Logic:
LONG Setup:
- Valid only after Monday
- Price breaks below Monday Low
- Closes back above the Low and under the Midrange
- Candle must close higher than previous candle
- If Ex-Line Protection is on, trade is blocked if price swept below extension
- Enter at the Low of the range, target the High
SHORT Setup:
- Valid only after Monday
- Price breaks above Monday High
- Closes back below the High and above the Midrange
- Candle must close lower than previous candle
- If Ex-Line Protection is on, trade is blocked if price swept above extension
- Enter at the High of the range, target the Low
🎯 Ideal for liquidity fades and range reversal setups.
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開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。