Weekly Box Retest
- Indicatori
- Versione: 1.0
- Attivazioni: 20
🔹 Overview
The Weekly Box Retest Indicator is a price action–based tool designed to identify high-probability reversal and mean reversion zones using weekly market structure.
The indicator automatically builds a dynamic price box based on:
- Previous week high/low
- Current week developing high/low
It then detects confirmed breakout conditions and highlights potential retest opportunities — ideal for traders focusing on:
- Smart money concepts
- Liquidity sweeps
- Mean reversion strategies
- Institutional-style trading
🔹 Core Concept
The strategy is built around a simple but powerful idea:
Price often breaks a key level, then returns (retests) before moving in the opposite direction.
How it works:
- The indicator builds a weekly range (box)
- It defines:
- Upper breakout level
- Lower breakout level
- It waits for:
- Confirmed candle close beyond the level
- Then signals a potential reversal setup
🔹 Key Features
📦 Automatic Weekly Box
- Based on:
- Previous week high/low
- Current week high/low
- Dynamically updated in real time
📈 Smart Breakout Detection
- Optional body close confirmation
- Optional candle direction filter
- Avoids false wick breakouts
📊 Trend Filter (Optional)
- EMA 100 / EMA 200
- Signals can be filtered:
- Only with trend
- Or fully disabled
🎯 Target Projection (3/4 Box Logic)
- Built-in TP visualization:
- Sell TP = 75% of box from top
- Buy TP = 75% of box from bottom
This provides a clear mean reversion target zone
🔔 Push Notifications
- Breakout alerts
- Real-time mobile notifications
📉 Visual Signal Arrows
- SELL signal → upper breakout
- BUY signal → lower breakout
🧠 Advanced Filters
- Spread filter (avoid bad conditions)
- Box size filter (avoid low volatility / extreme ranges)
🖥️ Dashboard (Fully Customizable)
Displays:
- Trend Bias (EMA-based)
- Breakout state
- Spread condition
- Box size
- Weekly levels
- TP levels
- Last signal
📌 Adjustable position (so it won’t overlap trading panel)
🔹 Best Timeframe
✅ Optimized for H4
Works on other timeframes, but logic is calibrated for:
- Swing trading
- Intraday structure within weekly context
🔹 Ideal Use Cases
This indicator is perfect for:
- Price action traders
- Smart money / liquidity traders
- Mean reversion strategies
- Range-to-breakout setups
🔹 Example Strategy Logic
SELL Setup
- Price breaks above weekly box
- Candle closes above level (confirmed breakout)
- Signal appears
- Expectation: return into box (mean reversion)
BUY Setup
- Price breaks below weekly box
- Confirmed candle close below
- Signal appears
- Expectation: move back upward into range
🔹 Important Notes
⚠️ This is an indicator only
It does NOT open trades automatically
⚠️ Always combine with:
- Risk management
- Market context
- News awareness
🔹 Inputs (Key Settings)
- EMA periods (trend filter)
- Breakout confirmation type
- Spread filter
- Box size limits
- Dashboard position
- Push notifications
🔹 Why This Indicator?
✔ Clean and structured logic
✔ No repainting
✔ Institutional-style concept
✔ Works on all symbols
✔ Lightweight and fast
🔹 Summary
The Weekly Box Retest Indicator helps you:
- Identify liquidity sweeps
- Trade reversals with structure
- Avoid fake breakouts
- Visualize high-probability zones
🔹 Recommended For
- Intermediate to advanced traders
- Traders who understand structure
- Those looking for clean, rule-based setups
