Monday Range + Tradingview

Currency Pairs: Any

Timeframes:  Any

Minimum Deposit: Any

Recommended Account Type: ECN or Raw Spread

Leverage: From 1:30 to 1:1000

Recommend broker: Roboforex
Recommend Vps: GoVPSFX

A precise tool for traders who trade on price action at the beginning of the week.

🔧 Features:
– Automatically draws Monday’s high, low and midrange
– Clear LONG/SHORT signal labels
– Midrange reset (resets trading logic)
– Ex-Line protection (sweep filter)
– ½ risk/reward extension option
– Multiple timeframes (MTF) support

📈 Trading setup logic:

LONG setup:
– Only valid after Monday
– Price breaks Monday’s low
– Closes above the low again and below the midrange
– Candle must close above the previous candle
– If Ex-Line protection is enabled, the trade is blocked if price falls below the extension
– Enter at the range low, target the high

SHORT setup:
– Only valid after Monday
– Price breaks Monday’s high
– Closes below the high again and above the midrange
– Candle must close below … Ex-Line, trade is blocked if price drops above extension
– Enter at range high, target low