Plots levels to determine the amplitude of the weekly price movement.
Included
0 - Weekly Open.mq4
0 - Weekly Open + Targets.mq4
Broker - Broker Online : Metatrader MT4 Platform
Interpretation Signals And Rules Of Trading
The technical indicator 0 - Weekly Open + Targets trace on the chart levels:
. at the weekly opening price (weekly)
. target level of weekly price target (weekly) for a short position, positioned below the level of the opening price
. target level of weekly price target (weekly) for a long position, placed above the level of the opening price
Graph Exchange - Trading Analysis
Trade Example
Exchange
Listing S & P 500 INDEX, RTH | INX
Time frame: 4 hours - H4
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