Seasonality v1.33.

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Seasonality v1.33 - Seasonal Indicator for Trading Trends

Seasonality v1.33 is a tailored indicator designed to analyze seasonal trends in historical price movements, assisting traders in making informed decisions. In its beta version, Seasonality v1.33 allows users to select up to two specific months and compare price changes for these months across several years, helping to identify potential seasonal patterns.

Indicator Features

• Identifying Seasonal Trends: By choosing up to two months and a range of years, Seasonality v1.33 offers a visual representation of average price changes and highlights potential positive or negative trends. This supports traders in spotting recurring seasonal price movements that may be influenced by yearly cycles or market conditions.
  

• Historical Comparison Across Multiple Years: The indicator displays the percentage price changes for the selected months over up to 10 years, allowing traders to observe consistency in price fluctuations across different years.
  

• Visual Presentation: A color-coded table shows the dominant trend, either positive or negative, and highlights monthly trends for easy reference. The table size and position can be customized, allowing integration into each user’s preferred chart layout.
  

How to Use

1. Month and Year Selection: In the current beta version, traders can select two specific months and a range of years to check for potential seasonal effects.
   
   
2. Trend Summary: The table provides both individual yearly data and an overall trend signal for the selected months, giving a quick overview of prevailing tendencies.
   
   
3. Customizable Display: The table’s position and text size are adjustable to fit seamlessly into the user’s charting interface.
   

Limitations and Considerations

• Data Dependency: The accuracy of analysis relies on the availability of historical price data, which may vary depending on the market or asset.
  

• No Guarantee of Future Trends: While past trends provide insights, they do not guarantee future results. This indicator serves as a supportive tool but should be complemented by thorough analysis and sound risk management.
  

Feedback and Suggestions

The Seasonality v1.33 indicator is available in beta for free use and testing until the end of the month. Your feedback is highly valued! Comments and suggestions will help us improve future versions and tailor them to the needs of traders.

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v1.34

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Release Notes for Seasonality v1.35

Background Color Adjustments for Enhanced Visibility:

• The background colors for the selected months have been modified to improve visibility and visual quality. Now, each month is more clearly differentiated, providing a better graphical overview.
  
• Different transparency levels have been implemented: green for the first month and blue for the second month.
  
• These color adjustments enhance visual separation between time spans, making it easier to differentiate between months.
  

New Feature for Monthly Markings:

• A new function has been added that allows marking and highlighting the high and low points for each selected month.
  
• A label displaying the month’s name now appears at the top of the marked area. This can be customized with the show_txt option.
  
• The markings remain visible throughout the entire month and dynamically adjust to price changes, ensuring accurate representation.