Previous Week Levels 2

ENGLISH DESCRIPTION
Previous Week Levels 2 - Multi-Level Weekly Analysis Indicator

📊 Overview
This indicator displays previous week's OHLC (Open, High, Low, Close) levels along with additional important calculations:

Mid Point: (High + Low) / 2

Open-Close Average: (Open + Close) / 2

🎯 Key Features
Customizable Styles: Choose colors, line widths, and styles (Solid, Dashed, Dotted) for each level

Flexible Week Start: Set week start day (Monday to Sunday)

Extended Lines: Horizontal lines extend to the right for easy reference

Clear Labels: Price labels positioned to the right of the chart

Real-time Updates: Automatically updates when new week begins

⚙️ Input Parameters
Level Customization:

High, Low, Open, Close colors and styles

Mid Point line customization

Open-Close Average line customization

Week Settings:

Week Start Day (0=Sunday, 1=Monday, ..., 6=Saturday)

💡 Trading Applications
Support/Resistance: Identify key weekly levels

Breakout Trading: Monitor breaks above/below previous week's range

Trend Analysis: Use midpoint and averages for trend direction

Position Trading: Weekly levels for longer-term trades

📈 How to Use
Add indicator to chart

Customize colors and styles in settings

Observe previous week's levels as potential S/R

Watch for price reactions at these levels

🔧 Technical Details
Works on all timeframes

Automatically detects week changes

Efficient line management

Optimized for performance