Monthly Seasonality colors the price chart background according to the calendar month using an HSV color wheel gradient spanning winter through autumn.
Primarily designed for monthly timeframes, it helps identify recurring seasonal cycles across markets, such as commodity futures. Users can adjust background transparency, individually toggle each month on or off using standard futures month codes, and display an on-chart legend with configurable positioning. The script acts purely as a visual backdrop and does not generate trading signals.
HSV color wheel monthly background coloring
Individual month toggles with futures contract codes
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Transparency (0-100)
int
80
transp
Show legend
bool
true
showLegend
Legend position
string
Top right
legendPosition
January (F)
bool
true
useJan
February (G)
bool
true
useFeb
March (H)
bool
true
useMar
April (J)
bool
true
useApr
May (K)
bool
true
useMay
June (M)
bool
true
useJun
July (N)
bool
true
useJul
August (Q)
bool
true
useAug
September (U)
bool
true
useSep
Show all 15 settings
Setting
Type
Default
Variable
October (V)
bool
true
useOct
November (X)
bool
true
useNov
December (Z)
bool
true
useDec
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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