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Daily Seasonality

Day trading trend filter indicator designed to hep get better entries or exits based on historical opens and closes each hour.

This indicator is NOT designed as an entry or exit signal. The purpose behind it is to give you statistical information about how likely certain times of day are either bullish , bearish or neutral and use that to confirm or reject other trading signals.

For example you might be anticipating a breakout based on your strategy or another indicator but see that the next few days are usually bearish and re-evaluate entering the trade.

The Daily Seasonality indicator calculates the percentage of candles per day of the week that had a higher close than open.

Default settings are:
- a look-back of 52 weeks (1 year).
- extreme bullish ( bright green) above 74%
-extreme bearish ( bright red) below 25%
- bullish (green) above 55%
- bearish (red) below 45%
- neutral (white) exactly 50%
- no trend (gray) 46% - 54%

All of these are updatable via the settings.

This indicator is designed to work only on the Daily timeframe .

开源脚本

本着真正的TradingView精神,该脚本的作者将其开源发布,以便交易者可以理解和验证它。为作者喝彩!您可以免费使用它,但在出版物中重复使用此代码受网站规则的约束。 您可以收藏它以在图表上使用。

免责声明

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