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Monthly Charts

Month/Month Percentage % Change, Historical; Seasonal TendencyTable of monthly % changes in Average Price over the last 10 years (or the 10 yrs prior to input year). Useful for gauging seasonal tendencies of an asset; backtesting monthly volatility and bullish/bearish tendency. ~~User Inputs~~ Choose measure of average: sma(close), sma(ohlc4), vwap(close), vwma(close). Show last 10yrs, with 10yr average % change, or to just show single year. Chose input year; with the indicator auto calculating the prior 10 years. Choose color for labels and size for labels; choose +Ve value color and -Ve value color. Set 'Daily bars in month': 21 for Forex/Commodities/Indices; 30 for Crypto. Set precision: decimal places ~~notes~~ -designed for use on Daily timeframe (tradingview is buggy on monthly timeframe calculations, and less precise on weekly timeframe calculations). -where Current month of year has not occurred yet, will print 9yr average. -calculates the average change of displayed month compared to the previous month: i.e. Jan22 value represents whole of Jan22 compared to whole of Dec21. -table displays on the chart over the input year; so for ES, with 2010 selected; shows values from 2001-2010, displaying across 2010-2011 on the chart. -plots on seperate right hand side scale, so can be shrunk and dragged vertically. -thanks to @gabx11 for the suggestion which inspired me to write this
Pine Script™ indicator
by twingall
10
Know your Monthly, Weekly, Daily LevelsThis script will show monthly, weekly and daily (with or without pre market) levels on your intraday chart. You can chose what values of the corresponding candles (high, low, close) should be included. Please consider following limitations: 1. Maximum of 500 drawing objects per chart To make sure the most relevant levels are shown, values are sorted based on the latest close value before levels > 500 are cut off. 2. Lookback history The max lookback history is limited by the currently selected timeframe. E.g. on a 5min timeframe, 20000 bars (Premium Plan) result in approx. 5 months of lookback period, meaning you may want to have a 30 min or higher chart open to get a complete picture of levels, while trading on a lower timeframe.
Pine Script™ indicator
by schroederjoa
1
High/Low/Open/Close Daily, Weekly, Monthly Line I wrote this for the purpose of saving time while marking up charts by automating the process of drawing and labeling lines at areas of interest on larger timeframes while still having the option to change the style and size of the lines and labels to adjust for any timeframe and avoid a messy chart. I also used this as an exercise in menu organization giving users every imaginable option and producing clean readable code. - This indicator draws a line on the Daily, Weekly, and Monthly bar at the High, Low, Open and Close of each bar as price tends to react when revisiting these areas. - Each set of bars has an optional identifying label with its own color set that can be shown with or without the lines price value, and has drop down menus for size and style of each set of labels. - Each set of lines has inputs for line/text color, line width and style, and can be hidden if the user doesn't have the need for any particular timeframe. - Lines and Labels with delete when a new line is created. - I recommend going into Chart Settings/Status Line and turning off indicator arguments OR moving the script to the top of the indicator list to avoid an obstructed chart view with this indicators arguments. When Pine allows, I will update it to hide them. Contains some public domain code from T.V. manuals and tutorial for creating drop down input menus for options. / ~For My Pal Jittery~ ~ Who likes his clean chart and custom colors~
Pine Script™ indicator
by goofoffgoose
59
Key Levels// How it Works \\ Calculating Previous Days, Weeks and Monthly open, high, low, close and vwaps Plots these levels on your chart // Settings \\ You can enable/disable any of the levels you want to see You can also change the amount of bars back the levels are plotted back to // Use Case \\ These levels are often used in different methods of Technical analysis for support and resistance. // Suggestions \\ Happy for anyone to make any suggestions on changes which could improve the script, // Terms \\ Feel free to use the script, If you do use the script could you please just tag me as I am interested to see how people are using it. Good Luck!
Pine Script™ indicator
by TradingWolf
9
Seasonality: Month HighlightMany Assets, especially Commodities , have patterns of seasonality: Periods in the year when they have shown a greater tendency to rise or a greater tendency to fall. The Seasonality of an asset is based on historical data (20yrs+): Specific asset seasonality charts can be found via an online search. This is a simple tool that allows users to highlight and color code each of the 12 months of the year; depending on the seasonality of the specific asset. The above chart shows Sugar Futures ; which are a seasonal 'sell' in February , and a seasonal 'buy' in May and August. Seasonality should only be used to compliment a trading setup, NOT as a single reason in itself to buy or sell. Simply put: if you find a good setup, AND you have seasonality on your side; your odds of success are increased.
Pine Script™ indicator
by twingall
1
Monthly Returns with BenchmarkI keep working on trying to make TradingView strategies look fancier. A few months ago I published the first version of the Monthly Returns for Strategies in Pine Script. I received quite a lot of good feedback and quite a lot of requests to update it. This is a more advanced version of the Monthly Returns, in it, you can: Display monthly returns of your strategy, benchmark, and alpha over this benchmark. Select benchmark to be another instrument Select the date from which you want to compute monthly returns Show/hide benchmark and alpha Choose colors for gradient for gain/loss values Use it with any type of strategy Use it with replay I hope it will be useful for you. It's not about the strategy itself but the way you display returns on your chart. So pls don't critique my choice of the strategy and its performance 🙂 Disclaimer Please remember that past performance may not be indicative of future results. Due to various factors, including changing market conditions, the strategy may no longer perform as well as in historical backtesting. This post and the script don’t provide any financial advice.
Pine Script™ strategy
by QuantNomad
10
Simple/Compounded Returns & Drawdowns TableVery excited to bring this script to the public. This is a very useful table that displays the performance of any strategy you give it in a more detailed view. It runs on all timeframes and at any position on the chart with the replay function. It also updates on tick changes. The table consists of three modes: Simple Equity, Compound Equity and Drawdown. Simple Equity – shows the change in equity for every month and year. It is calculated by finding the difference in initial equity at the beginning of the month/year and the end of the month/year. The table will thus display strategy performance in blocks of time that are not correlated. It is an excellent way to see individual month/year performance from start to finish but it may not represent true change in equity over time. For example, let's assume that 100% of equity is used on every trade for simplicity. If a loss of 50% is made in the first month and a profit of 100% is made in the next month, the strategy will show 50% profit for the year. This aggregate value might be helpful to know for testing purposes, but in reality, the account is actually at break-even for the year (Initial Equity * 0.5 * 2 = Initial Equity). Compound Equity – shows compounded change in equity for every month and year. It is calculated by finding the difference in starting equity when the strategy is run and equity at the end of the month/year. The table will thus display the true strategy performance – compounded equity at the end of each month/year. Drawdown – shows max drawdown for every month and year. It is calculated by finding the difference between the highest equity achieved for the month/year and the trough in equity for the same month/year. Notice: strategy tester might have a max drawdown value higher than any of the drawdown values in the table. This is because the strategy tester calculates the difference between the highest and lowest equity for the entire strategy, whereas the table displays drawdowns for months and years only. Sometimes, the max drawdown for the year will also be the max drawdown for the entire strategy; hence the two values will be the same. To use this table with your own strategy, simply find " PLACE YOUR STRATEGY CODE HERE " at the bottom of the script and place your strategy code there. Special thanks to QuantNomad for the inspiration. As always, please let me know if there are any bugs or if you need some help. Leave a like if you wish!
Pine Script™ strategy
by antondmt
16
Monthly Returns in Strategies with Market BenchmarkThis is a modified version of this excellent script Monthly Returns in PineScript Strategues by QuantNomad I liked and used the script but wanted to see how strategy performed vs market on each month/year. So I am sharing back. The modification consists in adding Market or Buy & Hold performance between parenthesis inside each cell to better see how strategy performed vs market. Also, 3 red levels and 3 green levels have been used : For green : 1/ Light when strategy pnl > 0 but < market 2/ medium when strategy pnl > 0 and > market 3/ Dark when strategy pnl > 0 and market < 0 or pnl > market x 2 Same logic in the opposite direction for red. The strategy provided here is just a showcase of how to use the table in pine script. Disclaimer Please remember that past performance may not be indicative of future results. Due to various factors, including changing market conditions, the strategy may no longer perform as well as in historical backtesting. This post and the script don’t provide any financial advice.
Pine Script™ strategy
by levieux
4
High Low Open Mid Ranges & Levels (Multi-Timeframe)This indicator automatically plots the chosen timeframe's high, low, mid point and open. These levels on higher timeframes act as support and resistance levels on lower timeframes, helping find entries, stoploss and profit targets. Most common timeframes to choose are Daily, 1W, 1M, and 3M. Other timeframes that are good include, 2D, 2W and 2M. For example, you can see in the snapshot below, we are on the 4hr TF showing those levels from the 2W. This historical 2W zone (open and mid) was (and currently still is) resistance. You can see it also provided a good entry to go short. This is also useful for intraday scalping. Below, we are on the 15min TF with levels set on the 2D timeframe. You can see how the Open and Mid levels acted as resistance, providing good entries on range trades, with take profit set at the previous 2D low. There is also a table which tells you all the main TFs high, low, open, and mid levels. They are the most important ones to look out for. This indicator should not be used in isolation; it is best to pair it up with other TA such as orderblocks, S/D zones, S&R or overlay indicators.
Pine Script™ indicator
by Shanxia
24
Monthly Returns in PineScript StrategiesI'm not 100% satisfied with the strategy performance output I receive from TradingView. Quite often I want to see something that is not available by default. I usually export raw trades/metrics from TradingView and then do additional analysis manually. But with tables, you can build additional metrics and tools for your strategies quite easily. This script will just show a table with monthly/yearly performance of your script. Quite a lot of traders/investors used to look at returns like that. Also, it might help you to identify periods of time when your strategy performed good/bad than expected and try to analyze that better. The script is very simple and I believe you can easily apply it to your own strategies. Disclaimer Please remember that past performance may not be indicative of future results. Due to various factors, including changing market conditions, the strategy may no longer perform as well as in historical backtesting. This post and the script don’t provide any financial advice.
Pine Script™ strategy
by QuantNomad
75
MTF Key Levels - Support and ResistanceThis indicator shows how to Multi Time Frame (MTF) interpret levels: Watch how price acts around these levels and how they can act as support/resistance and can be used as great confluence levels for your technical analysis. This indicator displays: VWAP Levels Daily / Weekly / Monthly / Yearly Within the chart above I have marked out how displaying these VWAP levels can provide support and resistance levels to be aware of. Daily – Weekly - Monthly – Yearly Levels O = Open / H = High / L = Low pO = Previous Open / pH = Previous High / pL = Previous Low / pEQ = Previous Equlibrium Having previous Low/High levels makes you aware of Swing Failure Patterns (SFP). Also the daily/weekly/monthly opening and previous opening can assist with the trend. Daily Open: Gives you an idea who is in control for the day. This level very often acts as strong support or resistance. Weekly Open: Indicates where the price is within the higher timeframe. Monthly Open & Yearly Levels: Overview of direction for the whole month without looking at a monthly chart and Yearly chart Line Options Within the line options you can choose to have a clean chart and display a “short line”. These line length can be adjusted by the user. Line just to the right. Line across the screen. Disclaimer: The Monthly and Yealy VWAP will only show on higher timeframes this is due to restriction of how many candles can be shown on the chart. The candles displayed need to go back to either the start of the month of year to be able to calculate their VWAPs.
Pine Script™ indicator
by Frien_dd-DisDev
36
Buy every MonthThis strategy script simulates, if you invest every new month. Features: You can set a Date Range You can set your Sparrate/how much you want to invest every month In the Right Corner you can see, how much you invested so far In the End of the Date Range, all positions get closed and you can see your performance. Note: Please ignore the "Ordersize" Option from the Propeties Tab and use the "Ordersize / Sparrate" option from the Inputs Tab. With best regards Embit0one. Diese Strategie simuliert einen Sparplan der jeden Monat eine Summe x investiert. Features: Das Start und End Datum für den Sparplan ist frei wählbar Die Sparrate pro Monat ist einstellbar In der rechten oberen Ecke sieht man, wieviel bisher investiert wurde Am End-Datum werden alle Positionen geschlossen und man kann sich das Ergebnis ansehen. Um zu sehen wieviel Prozent man gemacht hat, sollte man die investierte Summe im Feld "Initial Capital" eingeben und im Performance Tab der Strategy nachschauen. Notiz: Bitte die Sparrate im Inputs Tab eingeben, der Wert im Propeties Tab wird nicht verwendet. Mit freundlichen Grüßen Embit0one.
Pine Script™ strategy
by Embit0one
2
Heiken Ashi MTF Strategy- IndicatorHello, this is both a strategy and indicator that revolves around Heikin Ashi candles. In this case we take 3 different time frames, in this example we use daily , weekly and monthly. The conditions for entry are : For long : we check that we have a green daily candle, at the same time we check that the weekly and monthly candles are also green. For short : We check that all candles, daily, weekly and monthly and red. For exit of long : as soon as 1 of the 3 candles, daily or weekly or monthly converts to red, we exit. For exit of short : as soon as 1 of the 3 candles converts to green, we exit. This strategy- indicator can be adapted to any type of market.
Pine Script™ strategy
by SoftKill21
4
Candle Range - Monthly - Open/High/Low/Close/Wicks (Oldinvestor)This candle range comparison is similar to my original script Candle Range Compare . This script is to compares the size of open/close high/low and wick size side by side. This version of the script allows you to only show a chosen month of each year to compare. I hadn't even thought to try and vanish the part of the chart I'm not looking at. I'll consider that later (may never happen, I am limited on time). I have also included check boxes to turn on/off certain candles. This part is pretty self explanatory. For example: if you wish to not see wicks in front of the open/close, go to the settings for the study and uncheck the box for "Show Wicks". Warning: The script does not work so well on monthly candles? Some of the candles are missing... Good luck Oldinvestor
Pine Script™ indicator
by oldinvestor
2