Monthly Gain in percentage — Indicator by k_vipz88

statistics

This scripts calculates the percentage gain in a month (previous 22 trade days).

Firstly, it calculates number of sample days
-> minimum no. of sampling duration = 22
-> maximum no. of sampling duration = increased from 22 until 0day_low > 22_day_high

Example if sampling_duration = 100

Monthly percentage gain = ((Current_Day_High_Price - 0_Day_Low_Price) * 100 / 0_Day_Low_Price) * 22 / sampling_duration

Release Notes:

Added sample duration to be added from user

Release Notes:

Update chart

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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?