AlexD Market annual seasonality

The indicator displays the percentage of bullish days with a given date over several years.
This allows you to determine the days of the year when the price usually goes up or down.
Indicator has a built-in "simple moving average" shifted back by half a period, due to which the delay of this smoothing is removed.

Release Notes

Offset removed from plot() function

Release Notes

Added smoothing when sampling the day of the year.

The "Depth" property indicates how many bars to take for smoothing to the left and right of the found day.
Extreme bars are taken with less weighting for smooth signal decay.

I recommend setting "Depth" to 1. If you don't need to use this feature, set "Depth" to 0.

This is the final functionality change. Further changes are possible to optimize the indicator.

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.

AlexD169

Disclaimer

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Open-source script

AlexD169