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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.
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.
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。