OPEN-SOURCE SCRIPT

Day-of-Week Performance

This Pine Script indicator calculates and displays the average performance for each weekday over a specified lookback period on a chart. The performance is computed based on the percentage change from the open to the close price of each day.
Features:

Lookback Period:
Input field to specify the number of days to look back for calculating performance. The default is set to 756 days.

Performance Calculation:
Calculates the average percentage change from open to close for each weekday (Monday through Friday) within the specified lookback period.

Histogram Plots:
Displays histograms on the chart for each weekday. Each histogram represents the average performance of that day of the week.
Histograms are plotted with distinct colors:
Monday: Blue
Tuesday: Red
Wednesday: Green
Thursday: Orange
Friday: Purple

Performance Table:
A table is displayed in the top-right corner of the chart showing the average percentage performance for each weekday.
The table updates with the lookback period and the calculated average performance values for each weekday.
Positive performance values are shown in green, and negative values are shown in red.

This indicator helps visualize day-of-the-week performance trends, providing insights into which days typically perform better or worse over the specified period.
Cycles

开源脚本

本着真正的TradingView精神,此脚本的作者已将其开源,以便交易者可以理解和验证它。向作者致敬!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约束。 您可以收藏它以在图表上使用。

想在图表上使用此脚本?

免责声明