Earnings_MFC

20 авг. 2023 г.

The Earnings_MFC indicator displays statistical information of the price movement of the selected asset as follows:


TAGS: Label on each "earning day" with information on the movement that the price has made from the close of the day before the announcement to:

• the opening of the next day (Close to Open - GAP)
  
• the close of the next day (Close to Close - CTC)
  

HISTOGRAM:Histogram of the times the price has moved in each price band (number of configurable bands).

• Each movement has been taken and represented in histogram format, so that visually you can see the number of times the price has exceeded a certain value. Within each band is numbered the number of times the price has reached that area
  
• The histogram has two overlapping data:
  ....+ A main histogram (red/green stripes)
  ....+ A secondary histogram (black stripes)
  ....+ This is so that you can configure which data to see in each one: the GAP movement data or the CTC movement data
  
• The maximum and minimum movement has been indicated (for the main histogram)
  
• It has been indicated, both for positive and negative movements, which is their first (gray) and second (red/green) standard deviation (for the main histogram)
  

TABLE: A table is included with the following information (you can hide this table):

• Summary of statistical data:
  ....+ Number of samples
  ....+ Maximum UP movement and average (for both CAP and CTC)
  ....+ Maximum DOWN movement and average (for both CAP and CTC)
  ....+ Maximum movement UP or DOWN and average (both for CAP and CTC)
  
• List of all past Earnings (according to the history available in the chart) with their movements
  

HOW TO USE:
For Options traders it can come in handy to position themselves with Sell PUTs / Sell CALLs / Spreads or Iron Condors. Considering the probabilities of the movement (taking into account that past movements do not ensure future movements), this indicator can help in the decision making for sell strikes.

REMARKS:

• Use only in Daily timeframe
  

• Depending on the history of the asset (whether the user is PRO or not FREE) there will be more data