OPEN-SOURCE SCRIPT
更新済 Intraday vs Overnight Change Tracker
This indicator tracks a synthetic price path based on either intraday or overnight return behavior, allowing users to analyze which component of daily price movement is contributing more to long-term performance.
***THIS INDICATOR ONLY WORKS ON THE DAILY TIMEFRAME***
Intraday mode compounds price change from market open to close: close / open
Overnight mode compounds price change from previous close to current open: open / close[1]
The user can select one of these two modes using a dropdown input. The synthetic price series starts from the second bar of the chart and compounds forward bar-by-bar using the selected return type. The result is a line that reflects cumulative return based solely on either intraday or overnight activity.
⚙️ Inputs
Synthetic Price Type: Select between "Intraday" or "Overnight" to visualize the respective compounded price series.
📈 Usage Notes
This indicator is intended for visual comparison of intraday vs. overnight price dynamics over time. It can be useful for identifying behavioral patterns, session-based return anomalies, or testing session bias strategies.
Only one synthetic line is shown at a time based on user selection.
If you want to view both intraday and overnight lines, then you can add the indicator twice, which is shown above.
***THIS INDICATOR ONLY WORKS ON THE DAILY TIMEFRAME***
Intraday mode compounds price change from market open to close: close / open
Overnight mode compounds price change from previous close to current open: open / close[1]
The user can select one of these two modes using a dropdown input. The synthetic price series starts from the second bar of the chart and compounds forward bar-by-bar using the selected return type. The result is a line that reflects cumulative return based solely on either intraday or overnight activity.
⚙️ Inputs
Synthetic Price Type: Select between "Intraday" or "Overnight" to visualize the respective compounded price series.
📈 Usage Notes
This indicator is intended for visual comparison of intraday vs. overnight price dynamics over time. It can be useful for identifying behavioral patterns, session-based return anomalies, or testing session bias strategies.
Only one synthetic line is shown at a time based on user selection.
If you want to view both intraday and overnight lines, then you can add the indicator twice, which is shown above.
リリースノート
Added third drop-down option to show both Intraday and Overnight charts on the same plot.I made this as the default option when loading the indicator.
オープンソーススクリプト
TradingViewの精神に則り、この作者はスクリプトのソースコードを公開しているので、その内容を理解し検証することができます。作者に感謝です！無料でお使いいただけますが、このコードを投稿に再利用する際にはハウスルールに従うものとします。
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。
オープンソーススクリプト
TradingViewの精神に則り、この作者はスクリプトのソースコードを公開しているので、その内容を理解し検証することができます。作者に感謝です！無料でお使いいただけますが、このコードを投稿に再利用する際にはハウスルールに従うものとします。
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。