Monthly, Weekly and Daily Activity and Equity

Monthly, Weekly and Daily Activity and Equity

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

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

Register or


avatar avatar avatar avatar
Related users ' posts
Rocketship There seems to be a syntax error in the code.
Nicolas Code compatible only for ProRealTime version 11, it will not work for any prior version due ...
TACBOLSA A new version is missing that solves some programming problems that I requested, As soon ...
Gianluca Realy. Thank you!
Maxime Baudin Very useful! Thanks Mat, and Happy New Year
5 months ago
Maxime Baudin Very interesting for monthly stock market strategies, thank you Vonasi! :)
jeanguy Quel travail ! Good job thank you !
JayD Dans "modifier" Il faut ajouter les variables en cliquant sur la clé dans le bar en haut. Vo...
Kris75 Merci Jeanguy, suis très preneur de vos stratégies profitables avec cet indicateur !!
Om Hello, thanks for sharing! Getting a message that Variable P is undefined?
luxrun Vonasi, is it possible to have a screenshot of an index chart (eg djia) and below the breako...
Vonasi I can't add any images here now that the library post has been listed. Perhaps you could sta...
Vonasi In the all the DRAWTEXT lines of code change the 10 to a larger number.
Lotech123 Vonasi. Thank you for a very prompt response.
Lotech123 Following on from your earlier advice, I changed the ‘drawtext’ command to various sizes bef...
LucioleLucide Clean view, thanks for sharing
dertopen hi where i can found the window for candle configuration?
paolosab69 Ciao! . I have seen the pictures that explain this metod but i don't understand when is mome...
10 months ago
Vonasi It is possible but I will need to reread the code and remind myself how it works as I coded ...
Giogio hello dear Vonasi, thank you for your indicator, can I ask you for some help in order to let...
Pottar24 HI Vonasi I would like to know how can this algorithm give me the value of the last max e mi...
Razz Hello Vonasi I found out myself how I can change it. Thanks again for the indicator
Pottar24 HI Razz can you tell how you managed to do it ?
Pottar24 VONAZI super indicator thank you. Can you provide me a code that gives me the two latest max...
SL Hi, Fer666 Thank you for sharing. If I want to show daily ST on a 10_min intraday chart...
SL correction above... system had remove"not equal" signs Line 19 : change to if WeekNo "Not...
SL OK... I had figured out... need more than that. Thank you anyway.
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.
12 months ago
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...