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last week high and low

master-in-chart  
Trend Analysis Support and Resistance
75
2
trendanalysis supportandresistance
this script defines the highest and the lowest values of the last week. then illustrate and extend them into current week and future. they are define by blue lines.
in addition, the distance between high and low divided by 4. interior and exterior regions are split by these lines (red lines)
all lines can be considered as static support/resistance.
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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