The indicator tracks when the weekly tops and bottoms occur and reports the statistics by the days of the week.
Not all the days of the week are equal, and the market dynamic can follow through or shift over the trading week. Tops and bottoms are vital when entering a trade, as they will decide if you are catching the train or being...
-To show High of Week (HoW) day and Low of week (LoW) day frequencies/percentages for an asset.
-To further analyze Day of Week (DoW) tendencies based on averaged data from all various custom weeks. Giving a more reliable measure of DoW tendencies ('Meta Averages').
-To backtest day-of-week tendencies: across all asset history or across custom user...
High of Day (HoD) & Low of Day (LoD) hourly timings: Statistics. Time of day % likelihood for high and low.
To collect stats on the hourly occurrences of HoD and LoD in an asset, to see which times of day price is more likely to form its highest and lowest prices.
//How it works:
Each day, HoD and LoD are calculated and placed in hourly 'buckets'...
Projecting Week and Day boxes forward into the future, as an aide in framing the shape/profile of the coming week(s)/day(s).
~toggle on/off daily and/or weekly boxes.
~input number of 2week blocks or number of 2day blocks to project forward.
~independently format colors and opacities of weekly and daily boxes.
~toggle on/off day-of-week...
"What is the ''best'' day to trade .. Monday, Tuesday...."
This script aims to determine if there are different results depending on the day of the week.
The way it works is by dividing data by day of the week (Monday, Tuesday, Wednesday ... ) and perform calculations for each day of the week.
1 - Objective
2 - Features
3 - How to use (Examples)
Yet another sweet little tool that highlights only specific days and time.
For example, you can highlight only Tuesday's and Friday's from 0930-1600
You can adjust to any day of the week and any time of the day.
You can request more improvements upon this version. Cheers!
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This shows killzone sessions for London NY, Asia sessions.
In addition to the opening hours of session, the pre-market and closing time periods are also marked with a grey color
Generally these are consided period of high activity and can experience more volatility in these periods
I also have enabled it to display the session times even on weekends. There...
This script visualizes the different time sessions during the day.
The time ranges are set to the default Frankfurt, London, NY, Sydney and Tokyo, but can be
freely modified and turned off (I personally use to display only Tokyo and NY).
If you are a day trader, e.g. you trade with the Market Makers, this tool is a "must have".
It also displays the day of the...
My strategy uses a combination of three indicators MACD Stochastic RSI.
The Idea is to buy when ( MACD > Signal and RSI > 50 and Stochastic > 50) occures at the same time
This strategy works well on stocks and cryptos especially during market breaking up after consolidation
The best results are on Daily charts , so its NOT a scalping strategy. But it can...
In this second tutorial we build upon the previous tutorial. We add color shading for each different day and highlight Wednesday.
The idea here is to manually count if on Wednesdays close is bigger then open.
Hope it helps.
Feel free to comment.
This strategy is as simple as possible: Every Tuesday a new long trade is opened, when Monday (yesterday) closed higher than it opened the week. The strategy closes all orders when the next close is larger than the open.
This strategy does not have any other stop loss or take profit money management logic and is therefore VERY risky, because it always waits to...
A simple script to show the Fridays (Weekly Option Expiry), of course this is a basic script we can make a few more improvement.
One of many ways to utilize the "dayofweek" variable.
Currently there are no options to draw a vertical line, you can do a background color for the candle.
Future plans - Include monthly option expiry.