Historical Monthly Setup Probabilities for any asset
This indicator shows how price has historically behaved during each month of the year and can be used on any asset
It calculates the probability of a positive or negative monthly outcome based on past market data and presents the results directly on the chart
The goal is to provide historical context for the current month, rather than predict the future
The indicator can help identify months that have historically shown stronger upward or downward tendencies, while still leaving room for current market conditions to lead
This is not a forecast or a price target
It is simply a look at where history leaned after the closest monthly setups
It calculates the probability of a positive or negative monthly outcome based on past market data and presents the results directly on the chart
The goal is to provide historical context for the current month, rather than predict the future
The indicator can help identify months that have historically shown stronger upward or downward tendencies, while still leaving room for current market conditions to lead
This is not a forecast or a price target
It is simply a look at where history leaned after the closest monthly setups
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.