OPEN-SOURCE SCRIPT

HEKIMOGLU CAPITAL

284
What This Indicator Does

It's a Pine Script overlay for TradingView that visualizes a theorized ~204-week (~4-year) repeating cycle in BTC price history.

Plots: 6 historical dates (Jan 2015, Dec 2017, Dec 2018, Nov 2021, Nov 2022, Oct 2025) marked as alternating lows and highs, plus 3 projected future dates (Oct 2026, Sep 2029, Sep 2030) calculated by continuing the same pattern.

Colors candle backgrounds based on which "phase" of the cycle each period falls into — a subtle teal tint for low→high legs (152 weeks), a subtle red tint for high→low legs (52 weeks). Candle bodies keep their normal green/red — only the background band changes.

How It Works
Fixed timestamps for each anchor date are hardcoded using timestamp().
xloc.bar_time is used instead of bar index, so the lines land on the correct calendar date regardless of chart timeframe (1H, 4H, 1D, 1W all work).
Vertical lines + labels are drawn once, guarded by barstate.isfirst, so they don't redraw on every bar.
A loop checks which pair of consecutive anchor dates the current bar's time falls between, then applies bgcolor() accordingly — solid for confirmed history, dashed gray for the unconfirmed future projections.
Two toggle inputs let you turn the lines and/or the background coloring on/off independently.

Underlying logic: low→high always takes 152 weeks, high→low always takes 52 weeks, alternating — so skipping one point (low to low, or high to high) always equals exactly 204 weeks. That's the "204-week" pattern name.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.