Weekly price box

Weekend Trap / Custom Timebox Analyzer

This indicator allows traders to define a specific time window (e.g., the "Weekend Trap" period from Friday to Sunday, or a full weekly range) and automatically draws a box highlighting the price action during that session. It is designed to help visualize gaps, ranges, and trend direction over specific timeframes.

Key Features

Dynamic Range Detection: automatically draws a box connecting the Highest High and Lowest Low occurring between your start and end times.

Trend Visualization: The box changes color dynamically based on price performance:

Bullish (Blue): Close is higher than the Open of the defined period.

Bearish (Red): Close is lower than the Open of the defined period.

Smart Labeling: Displays a customizable label (default: "Box") along with the real-time Percentage Change of the period. The label is positioned intelligently outside the box to avoid cluttering the price action.

Flexible Timing:

Supports standard intraday sessions (e.g., Mon 09:00 to Mon 17:00).

Supports "wrap-around" sessions (e.g., Friday 23:00 to Sunday 17:00).

New: Supports full-week monitoring (e.g., Friday to Friday) by handling start times that are later than end times on the same day.

Fully Customizable:

Configure specific Bullish and Bearish colors (Border, Background, Text).

Adjust line styles (Solid, Dashed, Dotted) and widths.

Select days via easy-to-use dropdown menus.

How to Use

Time Settings:

Select your Start Day and Time (e.g., Friday 23:00).

Select your End Day and Time (e.g., Sunday 17:00).

Note: Times are based on the Chart/Exchange time.

Visual Settings:

Go to the settings menu to define your preferred colors for Bullish and Bearish scenarios.

Toggle the Label on/off and adjust text size.

Use Cases

Weekend Gaps: Monitor price action that occurs during off-hours or between market close and open.

Opening Range Breakouts: Define the first hour of trading to see the initial range.

Weekly Profiles: Set the start and end day to the same day (e.g., Friday to Friday) to visualize the entire week's range and net performance.

Built with Pine Script™ v6