OPEN-SOURCE SCRIPT
BTC Average Daily Returns by Day
Average Daily Returns by Day
A clean weekday performance dashboard that shows the average daily return for each day of the week using a selectable lookback period.
The script uses daily data internally, so it stays consistent across chart timeframes while letting you view the stats directly on your chart as either a table or a centered top bar.
Features
How to use
Use it to quickly see whether a market has recently shown stronger or weaker performance on specific weekdays. It works best as a context tool alongside price action, structure, volatility, and broader market conditions.
Important
This indicator is descriptive, not predictive. Weekday tendencies can shift, especially on shorter lookbacks, so it should not be used as a standalone signal.
A clean weekday performance dashboard that shows the average daily return for each day of the week using a selectable lookback period.
The script uses daily data internally, so it stays consistent across chart timeframes while letting you view the stats directly on your chart as either a table or a centered top bar.
Features
- Weekday average returns
- 1W, 2W, 1M, 3M, 6M, 1Y lookbacks
- Table or top bar display
- Current-day bias signal built into the UI
- Optional heatmap, best/worst day highlight, and sample count
- Custom colors and preset themes
How to use
Use it to quickly see whether a market has recently shown stronger or weaker performance on specific weekdays. It works best as a context tool alongside price action, structure, volatility, and broader market conditions.
Important
This indicator is descriptive, not predictive. Weekday tendencies can shift, especially on shorter lookbacks, so it should not be used as a standalone signal.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.