MAHQuant Weekly & Daily High-Low Levels

MAHQuant Weekly & Daily High-Low Levels (TradingView)

Key Price Levels at a Glance

💰 Price: FREE

📊 Overview

MAHQuant Weekly & Daily High-Low Levels is a professional price action indicator that automatically draws the previous week's and day's High/Low levels, as well as the current week's (Monday-Wednesday) range. It also includes a candle comparison feature to detect potential reversal signals. Perfect for traders who rely on key support and resistance levels for their trading decisions.

✨ Key Features

1️⃣ Weekly Levels (Previous Week)

• Retrieves the highest and lowest prices from the previous full trading week

• Draws horizontal lines at those levels

• Includes adjustable percentage offsets to create buffer zones

• Labels display the exact price value

2️⃣ Daily Levels (Previous Day)

• Retrieves the highest and lowest prices from the previous trading day

• Draws horizontal lines at those levels

• Includes adjustable percentage offsets

• Labels display the exact price value

3️⃣ Current Week Levels (Monday - Wednesday)

• Tracks the high and low from Monday, Tuesday, and Wednesday separately

• After Wednesday's close, calculates the highest high and lowest low among these 3 days

• Draws a single range line for the entire current week

• Extends to the right for forward-looking reference

4️⃣ Candle Comparison Logic

• Compares the current candle's wick size to the previous candle's wick size

• Identifies when the current candle is opposite in direction (e.g., red after green)

• Highlights when the current candle's wick is larger than the previous candle's wick

• This helps spot potential rejection or reversal patterns

5️⃣ Bar Coloring Logic

• Green: Bullish candle with large body and high volume

• Light Green: Bullish candle with small body or low volume

• Red: Bearish candle with large body and high volume

• Orange: Bearish candle with small body or low volume

⚙️ How to Use

1. Set your broker's timezone in the "Timezone" input

2. Toggle Weekly/Daily/Current Week levels on/off

3. Adjust the offset percentages to create buffer zones

4. Enable "Candle Comparison" to spot rejection signals

⚙️ Technical Specifications

Platform: TradingView (Pine Script)

Type: Price Action / Support & Resistance

Timeframes: All timeframes

Instruments: All TradingView instruments

License: Free for all users

💼 What You Get

✅ TradingView Script Access

✅ Free Lifetime Updates

✅ Email Support (48-hour response)

🛒 How to Access

Step 1: Click the TradingView link below

Step 2: Click "Add to Favorites" (⭐)

Step 3: Click "Add to Chart"

Step 4: Follow MAHQuant on TradingView

📥 TradingView Link

👉 [MAHQuant Weekly & Daily High-Low Levels]

⭐ Support Us

If this tool helps you:

• Add it to your favorites

• Leave a comment on TradingView

• Join our Telegram channel for updates

[Telegram: t.me/MAHQuantTradingSystem]

💡 Perfect For

• Price action traders who rely on key support/resistance levels

• Traders looking for potential reversal signals

• Anyone who wants to identify weekly and daily ranges

🔄 Credits & Acknowledgment

• Special thanks to Mr. Amirreza Arya for his valuable educational insights that inspired this tool.

⚠️ Disclaimer

This script is for educational and informational purposes only. It does not constitute financial, investment, or trading advice. Past performance is not indicative of future results. Always manage your risk and trade responsibly.

🚀 Get key price levels automatically - absolutely FREE!

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