FAQs

Monthly Return Heatmap FAQs

Why does the indicator show an error or warning on my chart?

This indicator requires the chart to be set to the 1M (Monthly) timeframe to calculate returns correctly. If you are on a Daily, Weekly, or intraday timeframe, a warning will be displayed. Change your chart timeframe to 1M.

What is the difference between Geo YTD and Ari YTD?

Geo YTD (Geometric Year-to-Date) calculates the compounded return over the year, which is the true return on investment. Ari YTD (Arithmetic Year-to-Date) simply adds the percentage returns of each month together. Geo YTD is generally more accurate for measuring actual portfolio performance.

Can I use this indicator on any asset?

Yes, the Monthly Returns Heatmap can be applied to any asset available on TradingView, including stocks, cryptocurrencies, forex, and commodities, provided there is enough historical data.

How far back does the heatmap look?

You can configure the indicator to display up to 30 years of historical monthly data, depending on the data availability for the specific asset on TradingView.

Does this indicator provide buy or sell signals?

No, this indicator is a visual analysis tool designed to show historical seasonality and performance. It does not provide automated buy or sell alerts and should be used as part of a broader trading strategy.