Indicator Market Statistic It is based on a simple but effective periodic calculations.
It analyzes the statistics for each month, week and day by comparing the available historical data.
The indicator takes into account the imbalance between negative and positive values of interest to predict price movements.
We believe that this type of information can help a trader navigate the market situation.
The logic is quite simple: if one of the periods observed a positive percentage value, it is likely that the market will follow the statistics during the session. The same applies to the negative percentage.
The market is subject to certain cycles, and the indicator helps to identify them.
- EnableD1 (for D1 data)
- EnableW1 (data W1)
- Enable MN1 (MN1 of data)
- Long_color (color bull rectangle)
- Short_color (color bear rectangle)
- TextColor (color, in percentage)
- X-Y (displacement indicator on schedule)
If the rectangle is not displayed or value equal to 100% or 0%, update the “History Center” for the analyzed symbol and restart the graph indicator.
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