HTF Levels

Reading The Example

• Price has just tested CWH and moved back below it. That tells you the active weekly high has been challenged. The reaction is useful context, but the touch alone is not a reversal signal.
• Price is still above CDO. Despite pulling back from CWH, the market remains above the day's opening price, so the current intraday position is still positive relative to the open.
• PWH remains above CWH. The current week has not yet reached the previous week's high in this example, leaving PWH as the next major reference overhead.
• CWL sits below PWL. The current week has already extended beneath the previous week's low. That relationship shows how the developing weekly range has expanded; it does not tell you by itself whether price will continue or reverse.

The vertical distance between these lines is information too. Tight spacing means several higher-timeframe references may influence the same price area; wide spacing means price has more room before it reaches the next major reference.

Why These Levels Matter Intraday

CDO is the fastest intraday reference. Price above the current day open is trading at a gain relative to the open; price below it is trading at a loss. Holding one side gives the day a directional tilt. Repeated crossings suggest balance and reduce the usefulness of a simple above/below read.

PWH and PWL are fixed weekly liquidity references. Last week's extremes are visible to everyone, so resting orders often cluster around them. A clean break shows acceptance outside the previous range; a sweep followed by a close back inside shows rejection. That is the higher-timeframe version of the behavior described on the Liquidity Grabs page.

CWH and CWL show the developing weekly range. They only move outward: CWH rises when the week prints a higher high, and CWL falls when it prints a lower low. Price testing one of them means it is testing the most extreme price reached so far this week; price between them is trading back inside the developing range.

How The Levels Update (Read This Before Backtesting)

The five levels split into two groups, and the difference matters:

• PWH and PWL come from the previous closed week, while CDO is fixed at the current day's open. None of these three levels moves intraday. They are the stable references to use when reviewing earlier price action.
• CWH and CWL are developing extremes. In live trading they move only when the current week makes a new high or low. On historical bars, however, each line is drawn from the start of the week at that week's final extreme. A chart of last Tuesday can therefore display a CWH or CWL that was only established later in the week.

Treat CWH/CWL as context for live trading, not as backtestable levels. If you are wrapping Artemis Pro in a strategy, rely on the data-window series and the closed-value levels only.

Settings

All HTF level inputs live in settings group 7. HTF Levels.