RAT stats
Posted: Mon Feb 22, 2010 1:07 am
This picture is taken from a stats indi I wrote on the weekend to take a closer look at the RAT and to highlight some things for myself. I think the results are somewhat stunning. hopefully the pic is readable, header defs follow...
SIZE: sample size
DR: Daily Range average over sample
RED%: number (Percent) of RED (bearish) candles in the sample
HIGH%: Number (percentage) of times the Daily High is set FIRST on a RED candle
ARHH: Average HOURS to set the D1 HIGH (Highest hour)
RRR: Average Top Wick on a RED candle
ARR: Average range of a RED candle
ARBS: Average RED candle BODY
GREEN%: number (percent) of GREEN (Bullish) candles in the sample
LOW%: number (percent) of times D1 Low is set FIRST on a GREEN candle
AGLH: Average HOURS to set the D1 LOW (highest hour)
GRR: Average Lower Wick on a GREEN candle
AGR: Average Range of a GREEN candle
AGBS: Average GREEN candle BODY
(edit: dojis have been disregarded from the results as they are neither red or green)
Specifically what wow'd me was the 85-90% of the time that a low(high) is set first on a green(red) candle, and noting that usually the first low(high) is set during the asain session.
I will have to run better analysis on the probability distribution of the first low(high) times, as well as one or two other things that stand out to me...
Cheers
G
SIZE: sample size
DR: Daily Range average over sample
RED%: number (Percent) of RED (bearish) candles in the sample
HIGH%: Number (percentage) of times the Daily High is set FIRST on a RED candle
ARHH: Average HOURS to set the D1 HIGH (Highest hour)
RRR: Average Top Wick on a RED candle
ARR: Average range of a RED candle
ARBS: Average RED candle BODY
GREEN%: number (percent) of GREEN (Bullish) candles in the sample
LOW%: number (percent) of times D1 Low is set FIRST on a GREEN candle
AGLH: Average HOURS to set the D1 LOW (highest hour)
GRR: Average Lower Wick on a GREEN candle
AGR: Average Range of a GREEN candle
AGBS: Average GREEN candle BODY
(edit: dojis have been disregarded from the results as they are neither red or green)
Specifically what wow'd me was the 85-90% of the time that a low(high) is set first on a green(red) candle, and noting that usually the first low(high) is set during the asain session.
I will have to run better analysis on the probability distribution of the first low(high) times, as well as one or two other things that stand out to me...
Cheers
G