First Monday of the month flag

Top  Previous  Next

Category: Advanced Indicator Set 1

 

Input parameters

Name

Setting

Date Variable

Date

 

Calculations

The First Monday of the month flag is one (1) on the day when the first Monday of the month occurs. For all other days the indicator output is zero. If the first Monday of the month is a holiday, then the indicator raises the flag on the next business day immediately following.