Monthly, Weekly and Daily Activity and Equity

v10.3
Monthly, Weekly and Daily Activity and Equity

This collection of nine simple indicators is a further development of my indicator found here:

https://www.prorealcode.com/prorealtime-indicators/most-active-hours-and-months/

The first set of three indicators analyses the range to show any month/week/day of week that has historically had higher or lower than average range.

The second set analyses the volume to show any month/week/day of week that has historically had higher or lower than average volume.

The third set analyses the equity gain or loss to show any month/week/day of week that has historically had higher than average positive or negative equity.

Each indicator must be applied to the relevant time frame chart – so monthly on monthly, weekly on weekly and daily on daily.

In the attached image it can clearly be seen that on the SP500 Tuesday, Wednesday and Thursday have been good days to go long and that Tuesday, Wednesday, Thursday and Friday have had above average volume and above average range, Mondays have been quieter.

We do have to consider that the Sunday candle is based on a shorter day and that there has not always been a Sunday candle in all of the historical data.

In the weekly analysis we have to take into consideration that PRT has no way to tell us what week of the year it is so I have started counting from the moment a new year is detected. Not all years have 52 x 6 trading days in them so this can lead to some years having 53 weeks. So the data around the start of a new year can be a little difficult and shorter weeks than the 6 trading days may be used leading to inaccurate returns by the indicator for those weeks either side of a new year’s start.

Also bear in mind that volume information is not available for all instruments and has only been available in PRT for recent history.

Share this

Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

ProRealTime ITF files and other attachments : How to import ITF files into ProRealTime platform?

New! PRC is also now on YouTube, subscribe to our channel for exclusive content and tutorials

avatar
Register or

Likes

avatar avatar avatar avatar
Related users ' posts
Vonasi Thanks for the compliments Maxime Baudin.
JJ Tec Muy interesante ¡¡¡... gracias X el aporte.
HStrader Thank you for your nice indicator
vandenacker THANKS A A LOT FOR SHARING. I like your trade. I try to remproduce your board but i dont arr...
umebon Tnx for sharing!! Can someone help me how i can call for the mydayhigh and mydaylow for to u...
LucioleLucide Clean view, thanks for sharing
Ciccio
2 months ago
dario ti Excellent, i was looking for something like that, but could be great if you add the option t...
DaxRider Thank U for ur sharing Vonasi
jandehaas Hello Vonasi, I tried it but it does not seem to work,any idea why ? Thanks,Jan defp...
dario ti Thank you!
Razz Hello Vonasi super indicator! is it possible to extend the indicator by the time scales M10 ...
Razz Hello Vonasi I found out myself how I can change it. Thanks again for the indicator
Balmora74 Thanks for this code but there is 4 different versions and i don't know wich is the good one ?
Vonasi I don't understand. There is only one ITF file here not four. Download and import it. You mi...
Balmora74 Ok i understand now... I make a confusion with a other code... Thanks Vonasi.
TAC Bolsa Another Link of how the volume looks with or without auction "subasta" https://www.prorealc...
dario ti please can you help me to understand? i know i am wrong: Long Histogram = High Volume S...
TAC Bolsa hi, I have already seen the problem and requested that it be removed until an adequate so...
Gianluca Thank you!
Vinks_o_7 b=close > low and volume > high How can we compare volume and high of the day? (orang...
TAC Bolsa If to understand something you resort to compare Oranges and bananas. You go bad, Without e...
Gianluca THANK YOU!!!!!
Polnet Solucionado, gracias
Jan Wind Hallo Tac Bolsa, Thanks a lot for your coding above. As I am personally not very charm...
TAC Bolsa Thank you, Jan Any modification is good reference if it helps us win in the market.
TAC Bolsa hello, not included, it's just a way to interpret ... If it will be included in the new v...
JOSE LUIS CAPO Muchisimas gracias por las valiosas herramientas de volumen que compartes con los usuarios d...
Gianluca Hello what happened? why you close your web site? it was amazing!
nn189hu Upss I got it, 10.3 only with premium ,I can’t add it to the chart with Complete ver.
Nicolas Add indicator on price doesnt require any specific type of subcription. Click on the wrench ...
tahiti bonjour j'ai une petite question comment peux on enlevé la bar blanche sur la bougie en cour...
Nicolas Good job Gabri, I confirm that with the new ProRealTime v11, everyone will be able to use in...
Slowlyslowly can u just help me with the exact definition of percbox , mm and period to understand will a...
Tamir Hacham Hi gabri, I know this, yet I am not familiar with coding of indicators. So my question was ...
Real Pro Great work gabri. I have this coded on Amibroker and I have done lots of backtesting but ne...
gabri Hi Real Pro, this indicator assists novices of the Wyckoff system. Wyckoff himself thought t...

Top