OPEN-SOURCE SCRIPT

Interval Highlighter with High/Low Alerts

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Interval Highlighter with High/Low Alerts

Overview:
This Pine Script indicator enhances chart analysis by highlighting specific time intervals and marking the highest and lowest prices within those periods. It supports three customizable modes:

Date Range: Highlight a user-defined period with background shading and plot the highest and lowest prices.

Days of the Week: Highlight specific weekdays with background colors and plot the highest and lowest prices for each day.

Intraday Interval: Highlight a specific intraday time range (e.g., 12:30 PM to 4:30 PM) with background shading and plot the highest and lowest prices within that interval.

Alerts are triggered when the price touches any of the highlighted high or low levels, providing real-time notifications for potential trading opportunities.

High and low lines extend to the right and remain visible after the interval ends. This ensures they act as actionable reference points for alerts between intervals, allowing users to monitor critical levels until a new interval of the same category forms.

Features:

Customizable Time Intervals: Define specific date ranges, weekdays, or intraday intervals to highlight on the chart.

High/Low Tracking: Automatically plots the highest and lowest prices within the defined intervals.

Real-Time Alerts: Set up alerts to notify when the price touches any of the highlighted high or low levels.

Actionable Lines: High/low lines remain visible after interval completion to serve as reference points for alerts.

Visual Enhancements: Customize background colors and line styles for each interval type.

Usage:

Apply the indicator to your chart.
Configure the desired modes (Date Range, Days of the Week, Intraday Interval) in the settings.
Customize the appearance settings to match your preferences.
Set up alerts based on the highlighted high/low levels.

Disclaimer:
This indicator is designed to assist in identifying potential areas of interest based on historical high and low levels within specified intervals. It is not intended as a standalone trading signal. Users should employ additional technical analysis tools and conduct thorough research before making trading decisions.

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