OPEN-SOURCE SCRIPT

Sakalau02 Yearly Monthly Sessions

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Sakalau02 Yearly Monthly Sessions is an advanced time-mapping tool designed to highlight monthly cycles throughout the year. The indicator converts raw price data into a clean visual structure, using arrays for optimized performance.

Macro Perspective: It allows you to visualize how price interacts with previous monthly highs and lows, making it ideal for identifying seasonal trends.

Array-Based Structure: Unlike traditional scripts, this dynamically handles data for all 12 months, ensuring low resource consumption even with a multi-year lookback.

Display Modes: Offers full flexibility by using Boxes (monthly price range), Zones (full-height background shading), or Timeline (discrete bottom markers).

Key Features:

Reference Levels: Includes the monthly Open price and the Equilibrium level (0.5 Level) for every session.

Individual Customization: Each month can be toggled and colored separately to highlight specific quarters or fiscal periods.

Alert System: Automated notifications for month starts and breakouts of monthly extremes (High/Low).

By Sakalau02 ( Andrei )

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