Friday-Monday Pattern Backtest (Market Rebellion)

Tests the "Friday-Monday Pattern" popularized by Tom Hougaard / Market Rebellion.

PATTERN LOGIC:
• When Friday's high is LOWER than Thursday's high (setup condition)
• Then Friday's low is often revisited on the following Monday

WHAT THIS INDICATOR SHOWS:
• Orange background highlights valid setup bars (Thu-Fri-Mon)
• Red horizontal line marks Friday's low (the target level)
• Green "SUCCESS" label = Monday hit Friday's low
• Red "FAIL" label = Monday did not reach Friday's low
• Stats table (top-right) shows total setups, successes, and success rate

USE THIS TO:
• Backtest the pattern on any daily chart (works best on indices, forex, futures)
• Verify the claimed "overwhelming" tendency statistically
• Identify which markets/timeframes show the highest success rate

CREDITS:
Pattern idea from Tom Hougaard / Market Rebellion: x.com/RebellioMarket/status/1997045790863225068
Indicator by BacktestBay for transparent pattern verification.

USAGE NOTES:
• Must be applied to DAILY charts
• Uses time_close("D") for accurate day-of-week detection on forex pairs
• No trading signals - purely for statistical backtesting