A statistical tool that is applicable for all financial instruments - Stock, CFD, Forex, Commodities, Futures, Options, Binary Options, etc

One of the basic fundamental assumptions of technical analysis is that history tends to repeat itself in all financial instruments. That there are certain repeated patterns that we can use in our trading. And there is no denial that any market is cyclical because human behaviors are cyclical and humans repeatedly act in herds. If you trade stocks and commodities, you would have heard the terms like presidential cycle, annual seasonality, the Halloween indicator, the January effect, the Lunar cycle, etc. All good traders know that market repeats itself and will keep ever repeating its cycle, that there are unchanging part of the market, and the ever changing part of it. So if there is a repeated price movement patterns, it only makes sense to think that there is also a repeated, but different statistical patterns found in all financial instruments for the shortest to the longest term.

Introducing the Statistical Recurrence of Candle Direction Indicator

Statistics is one of the most undervalued aspects of trading. Mainly due to mostly complicated and expensive systems available out there. Our indicator is as simple as it gets. And it is also self-updating, capturing new information as soon as a candle closes. It detects changes as the market changes. It is a timeless and very robust indicator. Statistics simply cannot be obsolete as long as the market exists. This indicator can never be made redundant. I’m sure there are many creative people out there who can build on to the idea of this indicator. It can also work as a correlation tool. It tells you when the correlation happens exactly.

This kind of statistics is rarely used by market participants and hence the edge is still exploitable.

We might not know where the market will go, but thanks this indicator we know how the market behaves in certain time period:

• Some major players may tend to put their orders around certain times of the day,
• There may be algorithmic traders whose EAs constantly and predictably open and close positions on certain times of the day,
• There are opening and closing times of each market that has an associated effect on the market, and there are fixed and regular lunch break during the day for each session
• There are consistent profit taking/closing trades by the major players on Fridays, together with traders who want to avoid roll over trades over the weekend and close their positions all roughly at the same time
• At the opening of a session/day/week, there are pending market orders that will be executed as soon as the market is open.
• There are news/economic data released on exactly and certain times of the day,
• Some illiquid exotic currency pairs are illiquid because the big buy and sell only happen at certain times,
• And the list goes on. They just happen, the statistics show them, and we don’t have to know why it happens to benefit from them.

The idea of this tool is to statistically determine if there is a cyclical price movement that can be found on the daily basis i.e.

• which bar tends to be bullish/bearish on every Monday over the past 2 years?
• which pair of bars tends to reverse every day over the past 3 months?
• If there is a bullish/bearish movement at the opening of a market, what tends to happen at the close of the market? Is there a correlation here?
• The question is endless, but so are the answers that can be found with this tool.

I've tried to find this kind of indicator all over the place but couldn't find exactly what I want, so I made this one of a kind indicator myself. This is not a scam, not an MLM, not a signal provider, not a perfect indicator, not the Holy Grail. This is a simple, objective, and purely scientific Meta Trader 4 indicator which scans historical data and statistically tells you which particular candle during the day (from 1M to 4H chart) that has a tendency:

• To close above the open (bullish candle). This allows you to see an isolated but repeated bullish trend within a particular bar.
• To close below the open (bearish candle). This allows you to see an isolated but repeated bearish trend within a particular bar.
• To consecutively close above the open (bullish candle) for a pair/multiple of candles (repeated bullish candles).
• To consecutively close below the open (bearish candle) for a pair/multiple of candles (repeated bearish candles).
• To reverse from bullish candle to bearish candle, allowing you to see an isolated bearish reversal.
• To reverse from bearish candle to bullish candle, allowing you to see an isolated bullish reversal.
• To simply reverse during the day (which is the mathematical addition of bullish and bearish reversal statistics results)

The indicator has the following input parameters

Date_From - "yyyy.mm.dd". This allows you to set the beginning date of the sample period. If empty, the indicator starts from the oldest date available in your terminal.

Date_To - "yyyy.mm.dd". This allows you to set the closing date of the sample period. If empty, the indicator will include the latest closed candle.

DayOfWeek_Filter – This allows you to select which particular day you want to analyze from the selected sample. "1" or "0" representing each day from Sunday to Saturday. For example if you put in “1000000,” the indicator would only analyze the data on Sundays, and not any other days. If you put in “0100100,” the indicator would only analyze the data on Mondays and Thursdays. If empty, the indicator will include all days of the week.

Lines_To_Display - How many lines are displayed for the result of each type of stats (uptrend, downtrend, and reversals)

Text settings – to change the font and colors of the output.

The indicator has the following output, which will be displayed on the top left hand corner of the chart (see screenshots attached):

Range: the beginning and closing date of the analysis period.

Days: Which particular day(s) is involved in the calculation.

Candles: the total number of candles calculated.

The uptrend statistics: the precise time of the bar that has a tendency to be bullish, the percentage of that likelihood, and the total number of bars calculated for this result e.g. Monday uptrend Bar 10:00 75% of 10 bars means from the analysis period, there are 10 Mondays and at 10:00 server time, 75% of them are bullish candle.  Values are then ranked in order of precedence, with the highest percentage will be ranked first. And there will be an UP arrow on the chart, representing the number one on the list.

The downtrend statistics: the precise time of the bar that has a tendency to be bearish, the percentage of that likelihood, and the total number of bars calculated for this result e.g. Friday Bar 03:00 82% of 50 bars means from the analysis period, there are 50 Fridays and at 03:00 server time, 82% of them are bearish candle. Values are ranked in order of precedence, with the highest percentage will be ranked first. And there will be a DOWN arrow on the chart, representing the number one on the list.

The reversal statistics: the precise time of bar pairs that have a tendency to reverse from bullish to bearish, and from bearish to bullish. e.g. Bullish reversal - Bar 1:00 & Bar 2:00 50% of 10 bars means out of 10 pair of bars analyzed, at 1:00-2:00 server time, 50% of them reverses from bearish bar to bullish bar. Bearish reversal – Bar 1:00 & Bar 2:00 35% of 10 bars means out of 10 pair of bars analyzed, at 14:00-15:00 server time, 35% of them reverses from bullish bar to bearish bar. Pay attention to the fact that this also means it has 85% (50%+35%) chance of reversal regardless of the prior direction. The candle at 2:00 server time has a very high likelihood to reverse. Values are ranked in order of precedence, with the highest probability will be ranked first. And there will be a STAR sign on the chart, representing the number one on the list.

It is also very important to interpret the data as not simply the open and close, but as a movement indication. A bullish candle statistic does not only mean its close is above its open, but it also means there is a bullish movement on that particular bar. The bar may end up being a doji or bearish candle but it would still contain the bullish movement somewhere between the open and the close. This fact alone cannot be denied and it boosts the performance of this indicator.

Few strategies to use this statistical indicator are:

• Use it in addition to your usual indicators, you will have the confidence of statistics with your own analysis, especially if your lower time frame confirms the statistics e.g. you are trading on 1H chart, and both the statistics and the 5M chart says the next candle will often be bullish, you have an extra assurance. This is also an excellent tool for scalpers who use 5M chart. Lower time frame has a tendency to have higher percentage result. This makes more sense in terms of statistics. The moment big trades are opened, their effects are significant but often short-term.
• Correlation study. Put it on several charts and you’ll begin to notice how correlated are the instruments you’re comparing with. This intelligence alone gives you an extra edge when you’re trading your main instrument.
• Use it as a standalone indicator for a stress-free trading. You don't have to pay attention to any news, economic calendar, or technical indicator. For example, based on the filters, if you find a 4H bar that tends to be in one direction or reverses every particular day you would open a trade, set your own SL/TSL and TP, then always close when the bar closes or let it be closed prior to that according to your risk management. Remember that although the timing of the opening and closing is always precise on your terminal, market never moves in a precise manner. You must ALWAYS use your SL/TSL and TP. This strategy is not for the greedy or the fearful.
• Use it on hourly expiry Binary Options. This indicator is very useful if you trade Binary Options which relies heavily on open and close price. Just one pip difference makes all the difference. If you know statistically that at certain hour the candle tends to be bullish then you simply buy a call option at the beginning of the hour, or you can wait until price is below the opening price for putting the odds on your favor.
• Use it as a hedge for your forex and stock trading with binary options. You may execute the trade simultaneously on forex, stock, and binary option. And you may have a losing trade (SL hit) on your stock and forex trade, but still profitable in your binary options upon expiry.

WARNING: In additional to the usual risk disclaimer, don’t think ANY strategy/indicator out there can guarantee you 100% success. But what makes it different with statistical trading is that, in the long term, as long as you are consistent and diligent in updating and studying your statistics, you’ll have more wins than losses.

·      The most interesting part is this. If you are diligent with your search, using this indicator will allow you to find a very very small number of bars out of all instruments, out of all days, which has an almost 95% tendency to be in one direction, all the time. And you don’t have to trade all the way to the close of the bar. As soon as you reach your TP you should exit. So if you use this strategy this way, on these special trades, I would say your success rate is close nearing 80%. Don’t take my word for it, prove it for yourself. And please don’t ask which particular settings or instrument this applies on. It would be considered me as providing trading signal, and you don’t want anyone else to tell you what to trade. Based on experience, when I was offering my signal is that when my signal is right people don’t share anything with me, not even a thanks. But when my signal is wrong people share the most bitter rant and threats. Successful people make their own decisions and blame no one.

If you understand the concept of leverage than this is one of the best leverage you can get. This indicator is worth at least hundreds of dollar. Even $99.95 would be considered very generous pricing. You’ll benefit from something I’ve spent so much more in terms of energy, money, and most importantly, time. This could very well maybe the very information that you’ve been looking for all these times. No doubt you can do this manually for every time chart, every day, and every instrument. It took me one day to manually plot the up and down of just one currency on a spreadsheet for only a year’s worth of data on a 1H chart, and several hours recovering from the nausea I got from doing it. Instead you can do this within a matter of seconds with this indicator. So I think it matters how you value your time. You already know the strategy, so you can take it and do it manually. But the amount of time needed to analyse, let alone updating them on multiple charts is staggering and I’m sure you have a better use of your time than sitting in your computer all day counting the ups and downs. Make no mistake, this is an untapped and very valuable tool. There is indeed limitless possibilities with what intelligence you can derive out of this. But talk is cheap, so don’t take my words for it, and prove it for yourself.

I realize it would be very selfish if I keep this very valuable indicator to myself, so I'm willing to sell it for $50 only for now. For a cost of one-time 3 decent meals for one whole day, you’ll be one step closer to your financial freedom. If after reading all this far and you still fail to see the benefit, then this is not for you. If you think this invaluable tool is too expensive at $50, then this is also not for you.

Once the payment is received you will receive:

• The indicator itself on ex4 format, for use only on Meta Trader 4 Platform.
• The guide on how to trade statistics. No PDF. No manual. Just teaching you so I’ll save you the hard work on how to figure it out.
• Period converter tool to shift the time frame as the bar for stocks begins at the 00:30 to the hour instead on the 00:00 of the hour.
• BONUS #1: Hi-Lo Time valued at $19.95. This is part of my earlier study of statistics. I wanted to know if price moves up/down first during the first minute/second/hour, would that have any correlation with the ending of a particular candle. A bar may create random high and lows but if you know that certain bar tends to create the low first before high, you’ll know your entry/exit point better.
• BONUS #2: Free future upgrades. I already have ideas to upgrade this indicator, and you will receive any upgrade in the future for free.

Since, there are only few traders who trade with statistics, there is a secret based on my experience. A good trader knows you cannot trade solely based on indicators. You must understand how to use the indicator. You cannot merely use the data as it is. You'll be clueless and you’ll likely to lose that way. There are few filters involved. But I will only tell you the secret on how to use this properly when you buy the indicator from me, and not download it from somewhere else.

My friend got $138 profit from a single trade. I didn’t charge him. But it shows how quickly it would be for you to recover the meager cost of $49.95.

No refund will be given, as this indicator works perfectly and has been tested in various MT4 platforms. A request of refund is simply an excuse to get this valuable indicator for free. Faked screenshot to say to me that it is not working will not fool me either. Universal justice exists, and let it be your friend for the reward is twice the size of the deed. I’m offering you my best goodwill, and if you decide to accept it, please accept it gratefully, for the feeling will be mutual. And please no haters. I haven’t harmed you in anyway. If this not for you, don’t bad mouth it to justify you own shortcomings.

Alright, this is only the beginning my friends, please share with me your success story. I’ll be very delighted to hear from my trading colleagues around the world.

May your trading always be a profitable one.

Ask me any questions, I’ll be glad to answer all of them openly here.