Statistical Analysis with Pro Real Time

• 12/23/2016 at 8:57 AM #19024
  lollipop

  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

  

  lollipop

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

  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

  1 2 3 4 5 6 7

  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.

   

  

  Nicolas

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  12/23/2016 at 1:51 PM #19040
  lollipop

  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.

  

  lollipop

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