the green and red days by weekday report on edgeful analyzes historical price data to classify each trading day as green (positive return) or red (negative return) and groups the results by weekday. it calculates daily returns using either close-to-close or open-to-close depending on the performance setting.

you get green and red day counts for every day of the week, so you can see which weekdays tend to close green and which tend to close red.

this is one of the 150+ reports available on the edgeful platform. here's how it works, what the data shows, and how traders use it.

table of contents

• what the green and red days by weekday report measures
• how the calculation works
• how traders use green and red days by weekday data
• combining green and red days by weekday with other reports
• key takeaways

what the green and red days by weekday report measures

the green and red days by weekday report analyzes historical price data to classify each trading day as green (positive return) or red (negative return) and groups the results by weekday. it calculates daily returns using either close-to-close or open-to-close depending on the performance setting.

the report is available for futures, stocks, ETFs, forex, and crypto. you can filter by ticker, session (NY, London, Asian, full globex, or custom), and lookback period (1 month to 5+ years).

how the calculation works

the green and red days by weekday report measures daily close direction split by weekday.

• the report classifies each day as green or red using either open-to-close or previous-close-to-close
• each day is tagged with its weekday (monday through friday)
• frequencies are calculated showing what percentage of each weekday closes green vs red
• the two calculation modes give different perspectives — open-to-close measures intraday direction while previous-close-to-close captures gap behavior
• this gives you a statistical breakdown of weekday-level directional bias

how traders use green and red days by weekday data

• building directional bias for the day based on weekday tendencies
• avoiding counter-trend trades on weekdays with strong historical bias
• pairing with opening candle continuation for confluence
• timing swing entries by stacking favorable weekdays
• risk management by knowing which weekdays show the most balanced (chop-prone) outcomes

the data doesn't tell you to trade. the green and red days by weekday report tells you the historical performance of the setup in front of you. what you do with that information is your decision.

results require customization, time, and effort. the numbers change depending on your ticker, session, and lookback period. always check the data for your specific conditions.

combining green and red days by weekday with other reports

the green and red days by weekday report works best when combined with other edgeful reports for confluence:

• use the what's in play dashboard to see green and red days by weekday data alongside your other favorite reports in one view
• the screener lets you scan up to 49 tickers for green and red days by weekday setups across 4 reports simultaneously
• edgeful AI can analyze green and red days by weekday data alongside other reports and find patterns you'd never spot manually

key takeaways

• the edgeful green and red days by weekday report measures how often each weekday closes green vs red
• available for futures, stocks, ETFs, forex, and crypto with full session, ticker, and date range filtering
• two calculation modes: open-to-close and previous-close-to-close
• part of the 150+ reports included in the edgeful essential plan ($49/month or $39/month annual)
• works best when combined with other reports using what's in play, the screener, or edgeful AI

trading involves risk. past performance and historical data do not guarantee future results. the statistics referenced in this post are based on historical data and may not reflect future market conditions. always trade with proper risk management.