Get a multi-time frame (MTF) view of the price!
You can select to see either close price (default), or HL2 price, or HLC3 price, or OHLC4 price of all time-frames.And you change the smoothing method (and smoothing period) of the daily price, which is shown as a blue line, with period 10 WMA smoothing as default.
Its a simplified version of the script "Ultimate Moving Average Multi-Timeframes" by Chris Moody.
Ive removed the second MA, removed the change colors feature and added the option to change the line width of the indicator
Simple script to plot weekly data into your chart and as example how MTF works in pine script.
I use it for the 52 week high but you can choose other sources as well f.e. HL2 or close to reduce noise from wicks, also define your own length.