Seasonality Evaluation Tool by Novatrix Capital
It checks whether a seasonal pattern is robust, distorted by outlier years, or statistically relevant. The tool calculates the average returns within the selected seasonal window and shows how reliable the pattern has been over the analyzed period.
For improved verification, the seasonal windows can be visualized directly on the chart. This allows traders to review past occurrences, perform their own backtests, and confirm the quality of the signal.
The tool serves as an ideal complement to the Seasonality Indicator by helping traders identify high-quality, data-driven seasonal trends and avoid misleading or weak patterns.
Usage:
This script is designed for the daily timeframe, as all calculations are based on daily candle data. The settings are easy to adjust, allowing any seasonal period displayed by the indicator to be evaluated quickly.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact NovatrixCapital directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact NovatrixCapital directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.