TradingView
hero87s
Sep 8, 2023 11:28 AM

"weekly_monthly_peaks_and_troughs.js" 

FAWAZ ABDULAZIZ ALHOKAIR CO.Tadawul

Description

// Weekly peak and trough indicator

function weekly_monthly_peaks_and_troughs(close, volume) {
// Calculate the weekly and monthly close prices
var weekly_close = close.resample("W").last();
var monthly_close = close.resample("M").last();

// Initialize the peak and trough arrays
var weekly_peaks = [];
var weekly_troughs = [];
var monthly_peaks = [];
var monthly_troughs = [];

// Loop through the data and find the weekly and monthly peaks and troughs
for (var i = 0; i < weekly_close.length; i++) {
// Find the weekly peak
if (i == 0 || weekly_close > weekly_close[i - 1]) {
weekly_peaks.push(weekly_close);
}

// Find the weekly trough
if (i == 0 || weekly_close < weekly_close[i - 1]) {
weekly_troughs.push(weekly_close);
}

// Find the monthly peak
if (i == 0 || monthly_close > monthly_close[i - 1]) {
monthly_peaks.push(monthly_close);
}

// Find the monthly trough
if (i == 0 || monthly_close < monthly_close[i - 1]) {
monthly_troughs.push(monthly_close);
}
}

// Return the peak and trough arrays
return {
weekly_peaks: weekly_peaks,
weekly_troughs: weekly_troughs,
monthly_peaks: monthly_peaks,
monthly_troughs: monthly_troughs,
};
}
More