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Seasonality Pro

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This indicator shows the seasonality of the selected asset!
Seasonality shows annually recurring price movements. If, for example, Bitcoin has risen in 80% of cases in October, this can be taken as additional confirmation for your trading idea.

Functions:
Averaged seasonality: This is the main indicator! The prices of the last xx years (selectable) are averaged and displayed as a chart. Here you can easily read the average price movement and draw conclusions about seasonality!
--> The steeper the curve, the better!

The percentage change in the selected time period is calculated for each year. For example, 14th July to 2nd August. These price changes are displayed as a bar chart. This allows you to check the significance of seasonality. If, for example, the majority of values are close to 0, then this is not as meaningful as if these values deviate significantly --> strong price movements.

These values are used to calculate the percentage probability of profit, which is displayed in the table. This is always calculated from the beginning to the end of the selected time period! For example, the price has risen by 20% and fallen by 80% in a 10-year period in the selected time period. This means that in 8 out of 10 cases, the market falls in the selected time period. This gives you a statistical advantage based on historical data.

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The historical time windows for the period are also displayed in the main chart. These are calculated using the daily closing price.

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It's also great for backtesting! The period is plotted each year, and you even get a percentage indicating how much the market has risen or fallen.

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Additional functions
For markets with particularly strong trends, an extra function can be used to calculate the trend. The market then ends at 100% as it did at the beginning, and you can see the particularly strong patterns:

New calculation:
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Original:
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Settings:
The most important settings are the number of years and the time period. The time period can be set using numbers or, alternatively, using the calendar function.
Otherwise, most settings are purely cosmetic: colours and line thickness can be completely customised.


Important:
Please only use the indicator on a daily basis! In smaller timeframes, the information from the daily candles cannot be loaded completely. In higher timeframes, the logic no longer works. Therefore, please only use it on a daily basis!
Notas de prensa
Bug fixed with special dates (for example missing March in AUDCHF 2008)

Exención de responsabilidad

La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.