New Weekly Highs & Lows Can Help with TimeframesIntraday charts can obscure important weekly context. This script brings that structure directly onto even the shortest intervals. (It’s based on long-established TradeStation ShowMe indicators.)
New Weekly Highs & Lows plots circles when price breaks above (blue) or below (yellow) the current week’s developing range. This allows traders to see when a stock enters new territory — even when viewing a 1-minute (or 1-second) chart.
The indicator can be helpful during sessions like February 3, when the Nasdaq-100 violated its previous weekly low and began a steady decline.
The script also plots a vertical line on the first candle of each week to visually separate periods.
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Pine Script® indicator






















