Weeks_and_daily_bias

The Weekly Close Indicator tracks the closing prices of both the previous and current week. If the current week's close is higher than the previous week's close, it is represented by a green box. Conversely, if the current week's close is lower than the previous week's, a red box is shown. Days within the trend are highlighted with yellow boxes.

This indicator is primarily used to determine the directional bias of the weekly trend. A reversal will not be confirmed unless the current price closes within the range of the previous week.