Seasonal Indicators for Range, Volume, and Equity by Calendar Period
Summary
The document introduces nine indicators that compare historical range, volume, and equity gains or losses across calendar periods. For each measure, the collection examines months, weeks, and days of the week to identify periods that have tended to be above or below their respective averages. The indicators should be applied to charts at the matching timeframe. As an example, the author reports that in the displayed S&P 500 analysis, Tuesday through Thursday were favorable for long positions, while several weekdays showed above-average range and volume and Monday was quieter.
These observations are descriptive and do not establish that seasonal patterns will persist or form a profitable strategy. The author notes that Sunday candles can cover shorter sessions and may be absent from some history. Weekly counts can also become inaccurate around the new year because the platform’s week numbering and variable-length weeks complicate comparisons. Volume history is unavailable for some instruments and is limited to more recent data in the platform, which constrains the analysis.
Key ideas
- The collection compares historical range, volume, and equity changes by month, week, and weekday.
- Each indicator should be used on a chart with its corresponding timeframe.
- The S&P 500 example reports weekday differences in long-position performance, volume, and range.
- Short Sunday sessions and missing Sunday candles can distort daily comparisons.
- Week numbering near year boundaries and limited volume history can reduce the accuracy of results.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.