OPEN-SOURCE SCRIPT
Friday Statistical Zones - Last 30 Fridays Only BTC
📊 Friday Statistical Zones (Pre / Dump / After)
This indicator highlights statistical risk zones for Fridays, based on the last 30 completed Fridays.
It analyzes historical price and volume behavior to determine:
• When a Pre-Dump phase typically starts
• When selling pressure statistically peaks
• When the After-Dump phase usually occurs
The result is a time-based overlay with three zones:
🟡 Pre-Dump · 🔴 Dump · 🟡 After-Dump
⚠️ This is not a signal indicator.
It does not predict price direction.
It provides risk-timing context only.
Best used for risk management and situational awareness on Fridays, not as a standalone trading strategy.
This indicator highlights statistical risk zones for Fridays, based on the last 30 completed Fridays.
It analyzes historical price and volume behavior to determine:
• When a Pre-Dump phase typically starts
• When selling pressure statistically peaks
• When the After-Dump phase usually occurs
The result is a time-based overlay with three zones:
🟡 Pre-Dump · 🔴 Dump · 🟡 After-Dump
⚠️ This is not a signal indicator.
It does not predict price direction.
It provides risk-timing context only.
Best used for risk management and situational awareness on Fridays, not as a standalone trading strategy.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.