Market values statistics

Created at 05 Nov 2013, 21:30
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jeex's avatar

jeex

Joined 18.10.2013

Market values statistics
05 Nov 2013, 21:30


Downloaded the candle date from the past few years - m15, h1, h4, d1. Interesting results for robot designers:

  • On all 4 lines there are aprox. as many up as down candles, despite a huge change in prize.

On the 1h scale:

  • The average candle length (including wick) is 24.7 pips with a standard dev. of 9 pips, and this numbers shrunk over the last few years to over 18,8 pips in 1012+2013.
  • The largest candle in 2012-2013 is over 20 pips.
  • The average body length is 11,5 pip with a standard dev of 6,8
  • etc etc

It's also possible to produce average patterns of these data: like the consecutive appearance of doji's (body < 21% of candle) and prize breaks.

By the way: i exported the data from MT4.


@jeex