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Weekend Analysis

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There are always discussions about how the weekend affects Crypto-Coins.
It seems that on Monday, the price usually returns to Friday's level.
To make a qualified statement, I wrote this script that tests exactly that
and provides an evaluation.

It displays a candle for Saturday and Sunday.
Either green or red, but also blue if there was hardly any movement.

This threshold is set at 2%, but can be changed in the settings.
If the relative distance from Saturday's open to Friday's close is less than this value,
it counts as the same.

The timeframe should be between day and hour so that Tradingview goes back far enough in the past.


The output (here for BTC)
Total: 477
Lower: 20%
Equal: 55%
Higher: 25%
is displayed in the chart, but also output via the log function.
Phát hành các Ghi chú
https://de.tradingview.com/v/Wg3sYADi/

Update:
Now, the current weekend is also displayed and how long it will last. Most importantly, you can already see how the rate compares to the opening.


There are always discussions about how the weekend affects Crypto-Coins.
It seems that on Monday, the price usually returns to Friday's level.
To make a qualified statement, I wrote this script that tests exactly that
and provides an evaluation.

It displays a candle for Saturday and Sunday.
Either green or red, but also blue if there was hardly any movement.

This threshold is set at 2%, but can be changed in the settings.
If the relative distance from Saturday's open to Friday's close is less than this value,
it counts as the same.

The timeframe should be between day and hour so that Tradingview goes back far enough in the past.


The output (here for BTC)
Total: 477
Lower: 20%
Equal: 55%
Higher: 25%
is displayed in the chart, but also output via the log function.

Thông báo miễn trừ trách nhiệm

Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.