Probability Gold

4 окт.

This is a leading indicator designed for the 1 minute chart, and while it works on any time frame, I haven't tested it's practicality outside of the 1 minute chart. This uses historical data and applies statistical analysis to key metrics of momentum. The data is filtered by "time of day" as well as "day of week", but be mindful that the "day of week" option reduces your total amount of data points, and will not work well on new stocks. This indicator also uses binary/gaussian distribution concepts to create channels and pockets which act as seemingly magnetic forces. This is all speculative. Do not use this indicator on its own. This is intended to do nothing more than to show you whether if, on average, the historical data under the same time and rate of change conditions, goes for or against your trade. Use it in conjunction with your most trusted and classic indicators. This can act as a small nudge, letting you now the chances of what you have already established in your mind. This is HIGHLY experimental, made by an amateur, and also very pretty. So, enjoy!