Weekday-to-Weekday % Change (selectable, Line + Axis)

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Weekday-to-Weekday % Change
Plots % change between the chosen weekday occurrences (week-over-week style) or intraday open→close if you select that comparison type.

Shows as a line in a separate pane (overlay=false).

Auto-scales the Y-axis in percent using invisible padded bounds so TradingView draws a readable axis and ticks.

Optional EMA smoothing and labels on the selected-day bars.

27 thg 11

Phát hành các Ghi chú

Here is a clean **4-line description** of how the code works:

1. On each selected weekday (e.g., Tuesday), the script captures that day’s **closing price** as the **start price** for a new cycle.
2. For every bar until the next selected weekday, it calculates how far price moved **upward** and **downward** from that start price in percentage terms.
3. It keeps track of the **maximum rise (%)** and **maximum drop (%)** the price reached during that entire period.
4. When the next selected weekday arrives, it displays a label showing **Max Up**, **Max Down**, and the **Net % change** from the previous selected-day close to the current selected-day close.

27 thg 11

Phát hành các Ghi chú

1. When the selected weekday (e.g., Tuesday) closes, its **closing price becomes the start point** for a new cycle.
2. From the **next bar onward**, the script tracks the **highest high** and **lowest low** reached until the next selected weekday arrives.
3. **Max Up** = (highest high − start close) shown in both **points** and **percentage**.
4. **Max Down** = (lowest low − start close) shown in both **points** and **percentage**.
5. On the next selected weekday, it also shows the **Net movement** from the previous selected-day close to the current selected-day close in both **points** and **percentage**.