Point Of Week: Accurate MT4 point values for multiple timeframes and insights

This Point Of Week review for 2025 presents a practical performance analysis and live results context for traders who rely on clear candle positional data. In this review, the emphasis is on how Point Of Week reports the close position as a point value and the candle range, enabling a quantitative view of where price finished inside a bar. The indicator is unique because it standardizes point-based information across Weekly, Daily, 4-Hour and Hourly timeframes and places that data directly on the chart rather than in separate panels. The algorithm calculates the distance from low to close and high to close in MT4 point units and divides those by the platform point size to present readable values. That simple calculation is implemented with attention to chart performance and minimal repainting risk since values are static once a candle closes. Point Of Week works best in trending and range-bound markets where candle structure matters for entry validation, and it helps traders spot exhaustion or continuation signals based on where closes fall within ranges. Risk management is external to the indicator and relies on the trader or an EA, but Point Of Week aids position sizing by showing how much of a candle remains, which can inform stop placement and risk per trade. Expected performance characteristics hinge on the trader’s rules: as an informational tool, Point Of Week enhances decision quality rather than producing trading signals, and in my analysis it consistently reduced ambiguous setups when combined with a defined trade plan.