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已更新 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).
版本注释
Changelog v1.10.2:- Version bump for official General Availability release
仅限邀请脚本
只有作者授权的用户才能访问此脚本。您需要申请并获得使用许可。通常情况下，付款后即可获得许可。更多详情，请按照下方作者的说明操作，或直接联系keypoems。
TradingView不建议您付费购买或使用任何脚本，除非您完全信任其作者并了解其工作原理。您也可以在我们的社区脚本找到免费的开源替代方案。
作者的说明
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
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
仅限邀请脚本
只有作者授权的用户才能访问此脚本。您需要申请并获得使用许可。通常情况下，付款后即可获得许可。更多详情，请按照下方作者的说明操作，或直接联系keypoems。
TradingView不建议您付费购买或使用任何脚本，除非您完全信任其作者并了解其工作原理。您也可以在我们的社区脚本找到免费的开源替代方案。
作者的说明
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
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。