A monthly comparison indicator analyzing 10-year averages of month-on-month percentage changes across multiple assets to reveal seasonal trading tendencies and market behavior.
Explore complementary indicator rolesHow it works
This signal calculates the month-on-month percentage changes for an asset by comparing each month's performance against the previous month using a specific moving average source like SMA(close). It then computes the average of these percentage changes over the past 10 years to generate a comprehensive view of seasonal market trends.
The indicator can be configured with different moving average sources such as SMA of close, OHLC4, VWAP, volume, or volatility. Traders can choose to plot data for the current year or a previous year, with the option to use a 9-year average if the current year's data is incomplete.
Why it may be useful
By examining historical monthly performance patterns, traders can gain insights into potential seasonal market behaviors and recurring trends across different assets. This approach helps identify consistent cyclical movements that might not be apparent in shorter-term analysis.
The indicator provides a systematic method for understanding how different assets behave during specific months, allowing traders to develop more informed trading strategies and anticipate potential market movements based on long-term historical data.
When to explore it
This signal is most effective for traders interested in long-term trend analysis and seasonal market patterns across multiple assets. It works best when comparing assets with similar trading day structures, such as using 30 days for crypto or 21 days for stocks, indices, and forex.
Traders should use this indicator when seeking to understand broader market cycles, develop strategic entry and exit points, and gain a macro perspective on asset performance beyond short-term price fluctuations.
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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.
