An annual performance indicator that displays yearly returns on a monthly chart, providing a quick visual overview of historical market performance with color-coded percentages.
Explore complementary indicator rolesHow it works
The indicator calculates annual performance by comparing the first and last monthly close prices of each year using a specific formula. It computes the percentage return by subtracting the January close price from the December close price and dividing by the January close price, then multiplying by 100%.
The result is displayed in a table format with years arranged chronologically and color-coded returns. Positive performances are shown in green, while negative performances appear in red. The table also includes an average performance column to provide a comprehensive overview of historical yearly returns.
Why it may be useful
This performance indicator helps traders quickly assess long-term market trends and historical performance at a glance. By presenting annual returns in a clear, color-coded format, it allows investors to rapidly understand market behavior and identify consistent patterns or potential cyclical trends.
The visual representation enables traders to make more informed decisions by providing historical context. The average performance column further assists in understanding overall market performance, helping traders evaluate potential investment strategies and set realistic expectations for future market movements.
When to explore it
This indicator is most effective when applied to monthly timeframe charts where long-term performance analysis is desired. It works best for investors and swing traders interested in understanding yearly market trends and historical return patterns across multiple years.
Traders should use this tool when conducting comprehensive market research, evaluating potential long-term investments, or seeking to understand broader market cycles. It is particularly useful for comparing performance across different market conditions and identifying potential long-term investment opportunities.
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What we’ve verified
Access, alerts and repainting behaviour have not been independently verified for this indicator. Check the creator’s current publication and settings.
General descriptions and classifications are recovered research. Verified details above identify the specific checks we have completed. Check the creator’s current publication for later changes.
