I guess there is no this grouping, it would be good to have one. Being able to group for any Hourly- TF. Actually not grouped hourly chart will not be very useful, but the grouped one will.
Rename
I can tell you without any coding what it would show, and it's the obvious thing. Returns would correlate with the most volatile hours i.e. open/close, and less so with midday doldrums.
- Different tickers may have different patterns.
- Volatility is not direction.
- It may depend on a strategy.
- Other data that could be get.
- Volatility is not direction.
- It may depend on a strategy.
- Other data that could be get.
I agree with you on that pure Hourly periodic returns would hardly make sense so rolling out a view which is useless without grouping would be poor design - or confusing at best.
The place to look for such correlations is the Analysis Series / Position Metrics tab which already contains DayOfWeek, DayOfYear, MonthOfYear etc. I'd say that we could think about putting HourOfDay there instead of Periodic Returns.
The place to look for such correlations is the Analysis Series / Position Metrics tab which already contains DayOfWeek, DayOfYear, MonthOfYear etc. I'd say that we could think about putting HourOfDay there instead of Periodic Returns.
I do not insist on Periodic Returns to be the tool to show this. Analysis Series could be the on to do this, no problem.
Let it be.
Let's add a TradingHourOfDay choice to Position Metrics and Analysis Series.
Ready in B45.
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