Sakalau02 Monthly Weekly Sessions

Sakalau02 Monthly Weekly Sessions is a visual analysis tool designed to automatically identify and highlight the 5 weeks of each calendar month. The indicator tracks price action throughout each week and offers several display modes:

Boxes: Draws rectangular zones covering the weekly High and Low.

Zones: Shades the chart background based on the active week.

Timeline: Adds discrete markers at the bottom of the chart.

Key Features:

Automated Levels: Displays the weekly Open price and the equilibrium line (0.5 Level) for each session.

Full Customization: Allows users to modify colors, line styles, and labels for each individual week.

Integrated Alerts: Notifies you when a new week starts or when the price hits a new weekly High or Low.

Performance Optimization: Includes a lookback setting to limit calculations to a specific number of months, keeping the chart responsive.

By Sakalau02 (Andre)