Summer 2020/2021The Pine Script indicator you are examining is designed to enhance your trading chart by visually demarcating specific seasonal periods known as summer for the years 2020 and 2021. This indicator achieves this by employing background shading to indicate these defined summer periods, providing traders with a visual reference to help in analyzing seasonal trends and making informed decisions.
The script operates with precision by defining two critical summer periods: one for the year 2020 and another for the year 2021. The summer period, in this context, is identified as the time span between June 21 and September 22 of each specified year. The script utilizes the Pine Script timestamp function to create exact date and time boundaries for these periods, marking June 21 as the start of summer and September 22 as the end of summer for each year.
In detail, the indicator sets up two distinct background colors to represent the summer periods of 2020 and 2021. Specifically, it employs a semi-transparent blue color to signify the summer period of 2020, and a semi-transparent green color to denote the summer period of 2021. This differentiation in colors allows for easy visual distinction between the two years on the chart.
To achieve this visual effect, the script continuously evaluates the current bar's timestamp against the defined summer periods. If the current bar falls within the summer range of 2020, the background is shaded with the specified blue hue. Conversely, if the current bar is within the summer range of 2021, the background is shaded with the green hue. This approach ensures that the chart background reflects the specific summer periods accurately and distinctly.
By incorporating this indicator into your TradingView chart, you gain the ability to visually distinguish between different summer periods of consecutive years. This can be particularly useful for analyzing how market behavior or price movements vary during these specific times, facilitating better trend analysis and decision-making based on historical seasonal patterns.
Overall, this indicator serves as a practical tool for enhancing your chart's clarity and providing a seasonal context that can aid in the evaluation of trading strategies and historical market trends during the summer months of 2020 and 2021.
ค้นหาในสคริปต์สำหรับ "2020-2021年黄金价格波动"
High/Low Location Frequency [LuxAlgo]The High/Low Location Frequency tool provides users with probabilities of tops and bottoms at user-defined periods, along with advanced filters that offer deep and objective market information about the likelihood of a top or bottom in the market.
🔶 USAGE
There are four different time periods that traders can select for analysis of probabilities:
HOUR OF DAY: Probability of occurrence of top and bottom prices for each hour of the day
DAY OF WEEK: Probability of occurrence of top and bottom prices for each day of the week
DAY OF MONTH: Probability of occurrence of top and bottom prices for each day of the month
MONTH OF YEAR: Probability of occurrence of top and bottom prices for each month
The data is displayed as a dashboard, which users can position according to their preferences. The dashboard includes useful information in the header, such as the number of periods and the date from which the data is gathered. Additionally, users can enable active filters to customize their view. The probabilities are displayed in one, two, or three columns, depending on the number of elements.
🔹 Advanced Filters
Advanced Filters allow traders to exclude specific data from the results. They can choose to use none or all filters simultaneously, inputting a list of numbers separated by spaces or commas. However, it is not possible to use both separators on the same filter.
The tool is equipped with five advanced filters:
HOURS OF DAY: The permitted range is from 0 to 23.
DAYS OF WEEK: The permitted range is from 1 to 7.
DAYS OF MONTH: The permitted range is from 1 to 31.
MONTHS: The permitted range is from 1 to 12.
YEARS: The permitted range is from 1000 to 2999.
It should be noted that the DAYS OF WEEK advanced filter has been designed for use with tickers that trade every day, such as those trading in the crypto market. In such cases, the numbers displayed will range from 1 (Sunday) to 7 (Saturday). Conversely, for tickers that do not trade over the weekend, the numbers will range from 1 (Monday) to 5 (Friday).
To illustrate the application of this filter, we will exclude results for Mondays and Tuesdays, the first five days of each month, January and February, and the years 2020, 2021, and 2022. Let us review the results:
DAYS OF WEEK: `2,3` or `2 3` (for crypto) or `1,2` or `1 2` (for the rest)
DAYS OF MONTH: `1,2,3,4,5` or `1 2 3 4 5`
MONTHS: `1,2` or `1 2`
YEARS: `2020,2021,2022` or `2020 2021 2022`
🔹 High Probability Lines
The tool enables traders to identify the next period with the highest probability of a top (red) and/or bottom (green) on the chart, marked with two horizontal lines indicating the location of these periods.
🔹 Top/Bottom Labels and Periods Highlight
The tool is capable of indicating on the chart the upper and lower limits of each selected period, as well as the commencement of each new period, thus providing traders with a convenient reference point.
🔶 SETTINGS
Period: Select how many bars (hours, days, or months) will be used to gather data from, max value as default.
Execution Window: Select how many bars (hours, days, or months) will be used to gather data from
🔹 Advanced Filters
Hours of day: Filter which hours of the day are excluded from the data, it accepts a list of hours from 0 to 23 separated by commas or spaces, users can not mix commas or spaces as a separator, must choose one
Days of week: Filter which days of the week are excluded from the data, it accepts a list of days from 1 to 5 for tickers not trading weekends, or from 1 to 7 for tickers trading all week, users can choose between commas or spaces as a separator, but can not mix them on the same filter.
Days of month: Filter which days of the month are excluded from the data, it accepts a list of days from 1 to 31, users can choose between commas or spaces as separator, but can not mix them on the same filter.
Months: Filter months to exclude from data. Accepts months from 1 to 12. Choose one separator: comma or space.
Years: Filter years to exclude from data. Accepts years from 1000 to 2999. Choose one separator: comma or space.
🔹 Dashboard
Dashboard Location: Select both the vertical and horizontal parameters for the desired location of the dashboard.
Dashboard Size: Select size for dashboard.
🔹 Style
High Probability Top Line: Enable/disable `High Probability Top` vertical line and choose color
High Probability Bottom Line: Enable/disable `High Probability Bottom` vertical line and choose color
Top Label: Enable/disable period top labels, choose color and size.
Bottom Label: Enable/disable period bottom labels, choose color and size.
Highlight Period Changes: Enable/disable vertical highlight at start of period
