Seasonal tendency refers to the patterns in stock market performance that tend to repeat at certain times of the year. These patterns can be influenced by various factors such as economic cycles, investor behavior, and historical trends. For example, the stock market often performs better during certain months like November to April, a phenomenon known as the...
The Seasonality Widget tool allows users to easily visualize seasonal trends from various data sources. Users can select different levels of granularity as well as different statistics to express seasonal trends. 🔶 USAGE Seasonality allows us to observe general trends occurring at regular intervals. These intervals can be user-selected from the...
A Seasonal Tendency refers to a historical price action behaviour that tends to repeat during specific times of the year, month over month. It's a roadmap to navigate price action on the daily chart to help determine the medium to long-term bias. Seasonal Tendencies are NOT an exact prediction of future price action but rather serve as a guideline for spotting...
TRADINGVIEW IMAGE IS NOT DISPLAYING THE TOOL CORRECTLY, CHECK OUT THE IMAGES BELOW! Description: A Seasonal Tendency is a historical pattern or roadmap that reflects how price action has behaved in the past during specific time periods, usually on a monthly basis. It is not an absolute guarantee of future price movements, but rather a general rule of thumb to...
The Seasonality Chart script displays seasonal variations of price changes that are best used on the daily timeframe. Users have the option to select the calculation lookback (in years) as well as show the cumulative sum of the seasonal indexes. 🔶 SETTINGS Lookback (Years): Number of years to use for the calculation of the seasonality chart. Cumulative...
10 Year Averages of Month-on-Month % change: Shows current asset, and 3x user input assets -For comparing seasonal tendencies among different assets. -Choose from a variety of monthly average measures as source: sma(close, length), sma(ohlc4, length); as well as sma's of vwap, vwma, volume, volatility. (sma = simple moving average). -Averages based on month cf...
-shows week-on-week % change, and 10yr averages of these % changes -scan across the 10yr averages to get a good idea of the seasonality of an asset -best used on commodities with strong seasonal tendencies (Gold, Wheat, Coffee, Lean hogs etc) -works only on daily timeframe -by default it will compare SMA(length) in the following way, BTC: Sunday cf previous Sunday...
Calculates 10yr, 20yr and 30yr averages for month/month % change ~shows seasonal tendencies in assets (best in commodities). In above chart: August is a seasonally bullish month for Gold: All the averages agree. And January is the most seasonally bullish month. ~averages represent current month/previous month. i.e. Jan22 average % change represents whole of jan22...
Table of monthly % changes in Average Price over the last 10 years (or the 10 yrs prior to input year). Useful for gauging seasonal tendencies of an asset; backtesting monthly volatility and bullish/bearish tendency. ~~User Inputs~~ Choose measure of average: sma(close), sma(ohlc4), vwap(close), vwma(close). Show last 10yrs, with 10yr average % change, or to just...
Shows historical average daily pip ranges for specific months for FOREX pairs useful for guaging typical seasonal volatility; or rough expected daily pip ranges for different months works on both DXY and foreign currencies option to plot 10yrs worth of data; with 10yr average of the average daily range for specific months cast back to any previous 10yrs of your...
Aids in analysis and trading with ICT models by automatically plotting concepts taught by Michael J. Huddleston, the Inner Circle Trader. Mainly tailored around my specific trading needs, I just decided to share because it might help other people too. What's Plotted and Included in the Indicator: 1. FVGs 2. ICT Sessions - Since this indicator is tailored...
Seasons Indicator What does this show? This indicator shows the individual seasons to plot on a chart to see how an asset has performed historically during certain seasons. Orange => Fall White => Winter Blue => Spring Yellow => Summer
Many Assets, especially Commodities , have patterns of seasonality: Periods in the year when they have shown a greater tendency to rise or a greater tendency to fall. The Seasonality of an asset is based on historical data (20yrs+): Specific asset seasonality charts can be found via an online search. This is a simple tool that allows users to highlight and color...
This indicator is best used with the companion Seasonality Trader and Seasonality Trader - Deviations . Plots the daily seasonality average performance profile for any ticker. Each day of the year has a statistical performance. The average of that performance can be extracted using either a simple or exponential approach, which is what this indicator...
This indicator is best used with the companion Seasonality Trader . Plots the daily seasonality standard deviation profile for any ticker. Each day of the year has a statistical performance. The average of that performance can be extracted, which can then be used to calculate the standard deviation for that particular day of the year. This indicator: ...
Plots the daily seasonality profile for any ticker. This indicator: Operates for any ticker . This indicator will not work properly on anything except a day chart using candlesticks, bars, or Heikin Ashi candles. Any look back period (in years) is possible, as long as there is data available. This indicator will only plot values while the selected look...