EURUSD 30-day trend cycle pattern check — Indicator by radixvinni

Script for this idea:

EURUSD 30-day trend cycle pattern complete on 19th July

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.

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Want to use this script on a chart?

study(title="17th of each month", shorttitle="17th", overlay=true)

dir = close[30] > close

data = dayofmonth == 16 or dayofmonth >= 14 and dayofmonth <= 15 and dayofweek == thursday

plotshape(data and dir, color=lime, style=shape.arrowup, text="Buy", location=location.abovebar )
plotshape(data and not dir, color=red, style=shape.arrowdown, text="Sell", location=location.belowbar)