TPCharts

TPCharts HighOfWeek

Shows the days on which highs and lows for a week occurred (Sunday through Saturday).

Yeah, you could download data feeds and write some Python, but not everybody wants to do that.


Usage:

Get probability on your side when entering or taking profits.

If 60% of the weekly lows are on a Tuesday, what day probably works best to buy?

Keep in mind that many altcoins have slightly different weekly patterns.


Options in settings:

1. Show each day's name in a bubble underneath.

2. Display "summary" total stats for highs / lows when over 50 SMA.


Future updates:

Handle bear markets for final stats. Currently only calculates high/lows in summary bubble when over the 50 SMA.

Protected script
This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?