opening week range
captures Monday's high and low (or multiple days) and extends those levels through Friday for weekly breakout reference.
information
opening week range|edgeful.com
what it does
this indicator tracks the high and low of the opening portion of the week - either Monday only, Monday+Tuesday, or Monday+Tuesday+Wednesday. a box visualization shows the range formation period, and horizontal lines extend the levels through Friday.
multiple session options (daily, Tokyo, London, New York, Sydney) allow you to track session-specific weekly ranges. this is useful for swing traders looking to identify the week's developing range early and trade breakouts or mean reversion.
key features
flexible range formation: 1, 2, or 3 days
multi-session support (Tokyo, London, New York, Sydney, daily)
box visualization for opening range period
extended lines through end of week
weekly lookback period configuration
explainer chart
opening week range|edgeful.com
