Plain-English rule
Price crosses above Weekly Open on 1h.
The relationship between supported close price and the current exchange-derived Weekly Open.
Alert Template
Weekly Open cross alert template
This template monitors when price crosses above the current Weekly Open reference on the 1-hour timeframe.
Crossover1hOn candle close
Exact behavior
The rule compares price with the Weekly Open reference on the previous and current evaluated candles. It matches when price moves from at or below the level to above it.
Runtime rule JSON
{
"all": [
{
"type": "crossover",
"left": {
"indicator": {
"name": "price",
"category": "price_like",
"kind": "price",
"source": "close"
},
"timeframe": "1h"
},
"right": {
"indicator": {
"name": "weekly_open",
"category": "price_like",
"kind": "weekly_open"
},
"timeframe": "1h"
},
"direction": "cross_up"
}
]
}How to use this template
- 1Review the Weekly Open reference and evaluation timeframe.
- 2Open the normal alert creation flow.
- 3Recreate or customize the rule, then review it before saving.
How the rule is often interpreted
Price above the Weekly Open can provide stronger weekly positioning context. A cross does not guarantee that price will remain above the level.
Pairs well with
Daily OpenEMARSI
Limitations
- Weekly Open is a reference level, not a predictive indicator.
- Price may cross the level repeatedly in a range.
- The reference depends on real exchange candle data and current runtime availability.
- This is not a buy signal.
The final saved alert is checked against current validation and plan entitlements. Plan details and pricing are available after sign in.
FAQ
What is the Weekly Open?
It is the opening value from the exchange candle that contains the current weekly evaluation period.
Does this template use a real crossover?
Yes. It compares the previous and current price relationship with Weekly Open.
Can I use another evaluation timeframe?
Yes. You can choose another supported evaluation timeframe when recreating the rule.
Can I combine Weekly Open with EMA or RSI?
Yes when the additional condition is supported and the current plan includes multi-condition alerts.