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更新済 Quantile Statistical Levels [keypoems]
Overview:
The Quantile Statistical Levels Indicator is designed to enhance intra-day trading strategies by leveraging statistical analysis of historical price movements.
The indicator is based on the principle that HTF (higher time-frame ) candles typically follow a pattern of:
1. Accumulation
2. Manipulation (can be modelled as the wick of the candle)
3. Expansion (the main price move)
A well-known trading technique involves buying within the wick of a bullish HTF candle, below its opening price, expecting an expansion of the current HTF candle (reverse for bearish). This indicator surfaces weeks of work on statistical distributions measuring the average length of the "manipulation" wicks of HTF candles, based on extensive historical data across multiple assets.
Features:
Statistical Quantile Manipulation and Expansion Levels:
This indicator marks Quantile Manipulation (and respective Expansion) levels that can help a trader gauge the shape of the currently developing HTF candle while looking at a a lower timeframe chart.
Q1 (First Quartile): statistically is a level touched 3 out of 4 times (75% of the time).
Median (Q2): it is a price threshold touched 50% of the time.
Q3 (Third Quartile): it is surpassed only 1 in 4 times (25% of the time), indicating significant price movement beyond this level is generally less common.
Warning Bands
The indicator also provides Warning Bands, these bands visually alert traders when the current price action is in a "Manipulation Zone" contrary to their intended trading bias. For instance, if a trader is looking to go long but the price is in the Manipulation Zone for shorts, this could signal a potential trap or a need for caution.
More precise levels can be optionally activated in the options for specific markets (currently NQ).
The Quantile Statistical Levels Indicator is designed to enhance intra-day trading strategies by leveraging statistical analysis of historical price movements.
The indicator is based on the principle that HTF (higher time-frame ) candles typically follow a pattern of:
1. Accumulation
2. Manipulation (can be modelled as the wick of the candle)
3. Expansion (the main price move)
A well-known trading technique involves buying within the wick of a bullish HTF candle, below its opening price, expecting an expansion of the current HTF candle (reverse for bearish). This indicator surfaces weeks of work on statistical distributions measuring the average length of the "manipulation" wicks of HTF candles, based on extensive historical data across multiple assets.
Features:
Statistical Quantile Manipulation and Expansion Levels:
This indicator marks Quantile Manipulation (and respective Expansion) levels that can help a trader gauge the shape of the currently developing HTF candle while looking at a a lower timeframe chart.
Q1 (First Quartile): statistically is a level touched 3 out of 4 times (75% of the time).
Median (Q2): it is a price threshold touched 50% of the time.
Q3 (Third Quartile): it is surpassed only 1 in 4 times (25% of the time), indicating significant price movement beyond this level is generally less common.
Warning Bands
The indicator also provides Warning Bands, these bands visually alert traders when the current price action is in a "Manipulation Zone" contrary to their intended trading bias. For instance, if a trader is looking to go long but the price is in the Manipulation Zone for shorts, this could signal a potential trap or a need for caution.
More precise levels can be optionally activated in the options for specific markets (currently NQ).
リリースノート
Changelog v1.10.2:- Version bump for official General Availability release
招待専用スクリプト
このスクリプトは作者が承認したユーザーのみアクセス可能です。使用するにはアクセス申請をして許可を得る必要があります。通常は支払い後に承認されます。詳細は下記の作者の指示に従うか、keypoemsに直接お問い合わせください。
TradingViewは、作者を完全に信頼し、スクリプトの動作を理解していない限り、有料スクリプトの購入・使用を推奨しません。コミュニティスクリプトには無料のオープンソースの代替が多数あります。
作者の指示
Indicator is now generally available via web shop at: https://whop.com/keypoems/?a=keypoems
To contact me directly here are my social links and free indicators: https://bento.me/keypoems
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。
招待専用スクリプト
このスクリプトは作者が承認したユーザーのみアクセス可能です。使用するにはアクセス申請をして許可を得る必要があります。通常は支払い後に承認されます。詳細は下記の作者の指示に従うか、keypoemsに直接お問い合わせください。
TradingViewは、作者を完全に信頼し、スクリプトの動作を理解していない限り、有料スクリプトの購入・使用を推奨しません。コミュニティスクリプトには無料のオープンソースの代替が多数あります。
作者の指示
Indicator is now generally available via web shop at: https://whop.com/keypoems/?a=keypoems
To contact me directly here are my social links and free indicators: https://bento.me/keypoems
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。