Indicators: Days of the week
Um, why not make this indicator relevant on smaller timeframes, then it would be more useful, and as an example of implementation would be interesting.
On smaller timeframes there is no sense - for example, on M1 the histogram will have the same value during the day. There will be no visual perception.
On smaller timeframes there is no point - for example, on M1 the histogram will have the same value throughout the day. There will be no visual perception.
Just on smaller timeframes it is necessary, because it is not clear what day of the week it is, and each day of the week may have its own intraday patterns. This is especially necessary when visually testing a TS on history.
Just on smaller ones it is necessary, because it is not clear what day of the week it is, and each day of the week may have its own intraday patterns. This is especially necessary when visually testing the TS on the history.
In this case, it is necessary to make a coloured histogram. But it seems to me that five histogram colours (each day of the week has its own colour) will be difficult to choose.
Something like this?
Something like this?
Yes, it might be more convenient to do it that way.
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Days of the week:
A histogram of the days of the week.
Author: Vladimir Karputov