OPEN-SOURCE SCRIPT
已更新 Intraday vs Overnight Change Tracker
This indicator tracks a synthetic price path based on either intraday or overnight return behavior, allowing users to analyze which component of daily price movement is contributing more to long-term performance.
***THIS INDICATOR ONLY WORKS ON THE DAILY TIMEFRAME***
Intraday mode compounds price change from market open to close: close / open
Overnight mode compounds price change from previous close to current open: open / close[1]
The user can select one of these two modes using a dropdown input. The synthetic price series starts from the second bar of the chart and compounds forward bar-by-bar using the selected return type. The result is a line that reflects cumulative return based solely on either intraday or overnight activity.
⚙️ Inputs
Synthetic Price Type: Select between "Intraday" or "Overnight" to visualize the respective compounded price series.
📈 Usage Notes
This indicator is intended for visual comparison of intraday vs. overnight price dynamics over time. It can be useful for identifying behavioral patterns, session-based return anomalies, or testing session bias strategies.
Only one synthetic line is shown at a time based on user selection.
If you want to view both intraday and overnight lines, then you can add the indicator twice, which is shown above.
***THIS INDICATOR ONLY WORKS ON THE DAILY TIMEFRAME***
Intraday mode compounds price change from market open to close: close / open
Overnight mode compounds price change from previous close to current open: open / close[1]
The user can select one of these two modes using a dropdown input. The synthetic price series starts from the second bar of the chart and compounds forward bar-by-bar using the selected return type. The result is a line that reflects cumulative return based solely on either intraday or overnight activity.
⚙️ Inputs
Synthetic Price Type: Select between "Intraday" or "Overnight" to visualize the respective compounded price series.
📈 Usage Notes
This indicator is intended for visual comparison of intraday vs. overnight price dynamics over time. It can be useful for identifying behavioral patterns, session-based return anomalies, or testing session bias strategies.
Only one synthetic line is shown at a time based on user selection.
If you want to view both intraday and overnight lines, then you can add the indicator twice, which is shown above.
發行說明
Added third drop-down option to show both Intraday and Overnight charts on the same plot.I made this as the default option when loading the indicator.
開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。