Weekly options expire on Thursday. If we look at weekly candle it starts on Monday and ends on Friday. My idea was to create a candle for a particular expiry week (starts on Friday and ends on Thursday) to view any different price action in an expiry week. I have created a script to do that and find some significant price action views. The script is available in Pine public library and also included a link to the script. I am researching this now. Please give me your feedback and view. Link:
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New version available. More adaptive and flexible with more information. Link: