Market values statistics
Created at 05 Nov 2013, 21:30
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.