OPEN-SOURCE SCRIPT

Monthly Gain in percentage

Updated
This scripts calculates the percentage gain in a month (previous 22 trade days).

Firstly, it calculates number of sample days
-> minimum no. of sampling duration = 22
-> maximum no. of sampling duration = increased from 22 until 0day_low > 22_day_high

Example if sampling_duration = 100

Monthly percentage gain = ((Current_Day_High_Price - 0_Day_Low_Price) * 100 / 0_Day_Low_Price) * 22 / sampling_duration


Release Notes
Added sample duration to be added from user
Release Notes
Update chart
statistics

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?

Disclaimer