Intraweek Highs & Lows

18. Juni 2025

🔎 Track and analyze intraweek price extremes with full flexibility.
The indicator detects weekly highs or lows for any selected weekday and monitors when other days break those levels.

⚙️ Inputs

• Select day
  Pick which weekday’s extreme you want to monitor.
  
  
• Find Low/High
  Select whether you want to track Lows or Highs.
  
  
• Use candle Wick/Body
  Choose if extremes are calculated by full wick or candle body.
  
  
• Cutoff date
  Toggle the date-based filter and choose the starting date for event display.
  

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This indicator identifies the highs and lows of a user-selected weekday within each week, then tracks the first subsequent day on which that level is broken.
Results are presented via optional price labels and a comprehensive summary table displaying the percentage distribution of first hits by weekday.

Ideal for analyzing intraweek price behavior, weekday strength/weakness patterns, and key level follow-through studies.

Inputs

• Select day — Weekday whose high and/or low will be monitored
  
• Use candle Wick/Body — Determines whether extremes are based on wicks or candle bodies
  
• High Options → Show high on table — Include high-break statistics in the summary table
  
• High Options → Show high labels — Plot labels at the selected weekday’s weekly high
  
• Low Options → Show low on table — Include low-break statistics in the summary table
  
• Low Options → Show low labels — Plot labels at the selected weekday’s weekly low
  
• Cutoff — Enable and set a start date to filter displayed events and statistics