Statistical Analysis with Pro Real Time

lollipop · 2016-12-23T07:57:55+00:00

Hello everybody, I would like to know if it is possible to make statistical analysis with Pro Real Time. As an example: I would like to analyse a sample of 3000 candle, calculating the probability of having a bullish candle after a sequence of 4 bearish candle has occurred. Is that possibile? Thanks in advanced for any kind of support

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12/23/2016 at 8:57 AM #19024 quote

lollipop
Participant

New

Hello everybody,

I would like to know if it is possible to make statistical analysis with Pro Real Time.

As an example: I would like to analyse a sample of 3000 candle, calculating the probability of having a bullish candle after a sequence of 4 bearish candle has occurred.

Is that possibile?

Thanks in advanced for any kind of support

12/23/2016 at 10:24 AM #19026 quote
Nicolas
Keymaster

Legend
Yes of course, it is only an incremental count of this occurrence.

For this specific purpose, the code would be as follow:
```
c = summation[4](close<open)=4

if c[1]=1 and close>open then 
 count=count+1
endif

return count
```
Didn’t test it, let us know if it works correctly.
12/23/2016 at 1:51 PM #19040 quote

lollipop
Participant

New

Hello Nicolas,

thanks for answer.

I am quite new with the syntax of Pro Real Time, so I don’t understand what’s going on.

I checked the Summation function in the Documentation and it looks like to return a value (“Sums the selected price over the last N periods.”). But in your script c is an array…

Also – let see if I understand – this script starts the computation at the first candle available on the cart arriving to the last one. Is that right?

And instead returning a kind of panel / window, with the stats inside, it shows the result of every single candle analyzed using the indicator line.

Thanks again, I really appreciate it.
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