GlossarySeasonality Indicator

Seasonality Indicator

The Seasonality Indicator overlays the annual paths of previous years on the current year. Each line starts at zero on January 1 and shows the year-to-date return. You can see where the symbol stands today and what it did on this day in previous years.

How to read it

  • Today against the bundle: If the current year sits above most of the previous-year lines on the same day, it is running stronger than usual; below them, weaker.
  • Looking for patterns: A seasonal pattern only exists if most years do the same thing in the same part of the calendar, such as weakness in late summer. With five years, a single outlier year can shape the impression.
  • What came next: The previous-year lines end at today's date. You can see how a previous year continued on that year's main line further left on the chart.

Good to know

  • If a previous year is missing, the start of that year isn't in the loaded range. If you scroll further back, the chart loads older candles and the year is added.
  • From the sixth previous year on, the lines no longer have their own color and are hard to tell apart.
  • The chart's last candle determines which year is the current one. Calendar years count in UTC.
  • Intended for 1D to 1W.

Related indicators