Year2Year

Year2Year

This indicator shows price changes for the same days in past years. D1 timeframe is required.

This is a predictor indicator that finds D1 bars for the same days in past 8 years and shows their relative price changes on the current chart.

Parameters:

• LookForward - number of days (bars) to show "future" price changes; default is 5;
• Offset - number of days (bars) to shift back in history; default is 0;
• ShowAverage - mode switch; true - show mean value for all 8 years and deviation bounds; false - show 8 past years price changes themselves; default is true;
• PriceType - price type to use; default is Open;
• Color - base color for lines; recent years are shown in bright, old years are faded;

The indicator works bar by bar - no ticks processing.