Plots mondays range (high, low and optionally average)
Features:
Added the option to extend the range for the entire week or just monday
Added the option to display if the high or low of the range has been taken and removes the level aftwards
Added the option to only display the current week
Added the option to visualize new weekly sessions
Added the option to mark mondays with a seperate background
Will update the script based on suggestions
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Update: - Fixed display issues on certain tickers with overnight trading sessions, should now work properly. - Added the option to label the levels in both full and abbreviated form. - Labels will now show if the range high/low is still developing. - Enabling "Show current week only" will now remove every drawing/object but those used in the current week.
To do: - Add alerts for the user - Fix the "line with breaks" used in the styling options, where it continues the line anyway from the previous level when it was never taken and it just looks weird. - Add an option for the user to extend the range until the end of each week, even though it's been taken. - (Optionally) add more levels than just mondays range.
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Monday Range V2 by B1rd
Release Notes:
Code has been completely rewritten and now supports all types of charts. Make sure to re-apply it to your chart to notice the differences!
Update: - Alerts added for the user - Styling options have been reworked: level styles can now be continuous, dotted, or dashed, and users can modify the color of each level - Monday average will stop plotting once either the high or low of the range is taken to keep the chart clean - User can now extend the range until the end of each week even if it has been taken - Bug where vertical lines marking Monday would fly off in the wrong direction has been fixed.
Thanks for the kind comment, this motivated me enough to keep working on projects like this. I appreciate your support and would love to hear your thoughts on the new release. If you have any specific suggestions that you would like to see in future versions or would like to share your experience, please don't hesitate to leave a comment or DM!
Hello are you able to add an option for when the high or low is taken to be used by the candle close as well ? Sometimes I don’t consider a structure broken until the candle closes but that option would be great as well if possible thanks
dab1rd
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Hi @oscard214, great suggestion. I will see what I can do!
ronniebrasco33907
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life saver
whalewannabe
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Please add options to be able to recolour the labels etc for those using light charts, thanks!
dab1rd
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@whalewannabe, thx for your suggestion. Will look into this!
oscard214
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if you could ever fix the line with break issue or just have a line period with the option to dash or dot this would be awesome ...its still useful for me in my style of trading and greatly appreciated my friend
dab1rd
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@oscard214, Hi, thanks for your feedback! Good to hear this indicator is useful to you. I will definitely look into it when I have the time.