New indicator with a better Weekday Highlight capability
Weekday Highlighter (ICT) [LUCARYC]
This Indicator can be used across all assets (Crypto, Forex, Stocks, ETFs...). The Weekday Highlighter will be handy while trader analyze an asset using ICT-SMC methodology to understand AMD cycle (Accumulation, Manipulation, Distribution) which is crucial for understanding weekly candle patterns
Why this Indicator?
I did try few available indicators in trading view that are used to highlight weekday. They do work fine, but has few problems like the ones that I have mentioned below. This being a straight forward script and does not have any complex logics underneath, I gave a shot to just address that and added features that are good to have.
• Other Indicators just Highlights the selected weekday in the main chart. However, it would still be amidst the clutter of other candles.
• Weekday Highlighter (ICT) [LUCARYC] Indicator just refines those candles that are “Selected” on to a separate pane thus mitigating visual discomfort, moreover enhances this option to highlight with different colors for different days as needed.
• As a good to have feature I tried to show the selection done in the input screen and furnish in a tidy Table.
• I do respect traders choice and their inclination towards having different table position or Alignment and Size. Hence added the same.
• You can also disable this table display from the style tab in settings popup.
I have planned to add few more features in future on this script, stay tuned.
I am also creating few more scripts similar to this one and scripts on other concepts to find dynamic Levels, Screeners etc. Please reach out to me for Queries on this script or new script creation requests.
Learn More, Trade safe, Earn More...
This Indicator can be used across all assets (Crypto, Forex, Stocks, ETFs...). The Weekday Highlighter will be handy while trader analyze an asset using ICT-SMC methodology to understand AMD cycle (Accumulation, Manipulation, Distribution) which is crucial for understanding weekly candle patterns
Why this Indicator?
I did try few available indicators in trading view that are used to highlight weekday. They do work fine, but has few problems like the ones that I have mentioned below. This being a straight forward script and does not have any complex logics underneath, I gave a shot to just address that and added features that are good to have.
• Other Indicators just Highlights the selected weekday in the main chart. However, it would still be amidst the clutter of other candles.
• Weekday Highlighter (ICT) [LUCARYC] Indicator just refines those candles that are “Selected” on to a separate pane thus mitigating visual discomfort, moreover enhances this option to highlight with different colors for different days as needed.
• As a good to have feature I tried to show the selection done in the input screen and furnish in a tidy Table.
• I do respect traders choice and their inclination towards having different table position or Alignment and Size. Hence added the same.
• You can also disable this table display from the style tab in settings popup.
I have planned to add few more features in future on this script, stay tuned.
I am also creating few more scripts similar to this one and scripts on other concepts to find dynamic Levels, Screeners etc. Please reach out to me for Queries on this script or new script creation requests.
Learn More, Trade safe, Earn More...
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