Forex pairs spread & volume statistics

never design a trading system without proper prior analysis. post your market statistics here

Moderator: moderators

User avatar
withnail
rank: 150+ posts
rank: 150+ posts
Posts: 167
Joined: Thu Sep 08, 2011 11:46 pm
Reputation: 4
Gender: None specified

Postby withnail » Wed Oct 31, 2012 1:34 pm

Nice graphic Pebble. May I ask what setup you are using for creating the graphics and which data source (live?). I have a couple of ideas (stats) that I want to make visual graphics from. I prefer not to do it in mt4.

Cheers,
Withnail
1. Big loss, 2. Small Loss, 3. Big Win, 4. Small Win --- just prevent 1.

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
PebbleTrader
rank: 1000+ posts
rank: 1000+ posts
Posts: 1633
Joined: Fri Nov 12, 2010 2:15 am
Reputation: 15
Gender: Male

Postby PebbleTrader » Wed Oct 31, 2012 4:16 pm

Source is historic data from MT4.

Visualize using Tableau or Excel.

Stats without visualization is like trying to look through a pair of glasses that haven't been cleaned in awhile :)
Life is just a journey

User avatar
PebbleTrader
rank: 1000+ posts
rank: 1000+ posts
Posts: 1633
Joined: Fri Nov 12, 2010 2:15 am
Reputation: 15
Gender: Male

Postby PebbleTrader » Wed Oct 31, 2012 4:34 pm

A visualization like the above isn't really part of an edge / strategy...

All it does is determines my sleep schedule :)

Zzzzzzzzzzzzzzzzzzzzz
Life is just a journey

User avatar
withnail
rank: 150+ posts
rank: 150+ posts
Posts: 167
Joined: Thu Sep 08, 2011 11:46 pm
Reputation: 4
Gender: None specified

Postby withnail » Thu Nov 01, 2012 9:49 am

Thanks Pebble, I was inspired by your previous thread and some of the tools in Oanda lab. Nice to play around with in between trades. I like to program stuff so its bit if a geeky thing rather that looking for an edge. There are some nice courses about stats and programming at coursea.org for anybody interested. I am learning R from there.
1. Big loss, 2. Small Loss, 3. Big Win, 4. Small Win --- just prevent 1.

User avatar
newschool
rank: 150+ posts
rank: 150+ posts
Posts: 489
Joined: Fri Aug 21, 2009 2:26 am
Reputation: 1
Gender: Male

Postby newschool » Thu Nov 01, 2012 6:49 pm

PebbleTrader, may I ask you an important question, what time zone are you in? Your chart could be in GMT or EST....

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
PebbleTrader
rank: 1000+ posts
rank: 1000+ posts
Posts: 1633
Joined: Fri Nov 12, 2010 2:15 am
Reputation: 15
Gender: Male

Postby PebbleTrader » Thu Nov 01, 2012 8:06 pm

The pair is EUR/USD, Y axis is "pips", time zone is Central (-1 hour from Eastern).

The data was all the hourly data available to me which included most of 2012.

The "water drop" shaped sections are showing the frequency of occurrence, fatter means more data points contained within it.

White line is the median.

The "box" contains 50% of the data.

The resulting chart gives a better feel for what is really going on...
Life is just a journey

User avatar
PebbleTrader
rank: 1000+ posts
rank: 1000+ posts
Posts: 1633
Joined: Fri Nov 12, 2010 2:15 am
Reputation: 15
Gender: Male

Postby PebbleTrader » Thu Nov 01, 2012 8:29 pm

Image
Life is just a journey

User avatar
PebbleTrader
rank: 1000+ posts
rank: 1000+ posts
Posts: 1633
Joined: Fri Nov 12, 2010 2:15 am
Reputation: 15
Gender: Male

Postby PebbleTrader » Thu Nov 01, 2012 8:31 pm

That is exploring the likelihood you will be able to repeatedly hit a particular range...

The likelihood of hitting larger and larger ranges for that hour decreases...

It's like trying to balance how often you are right versus how much you get paid when right.
Last edited by PebbleTrader on Thu Nov 01, 2012 8:41 pm, edited 1 time in total.
Life is just a journey

User avatar
PebbleTrader
rank: 1000+ posts
rank: 1000+ posts
Posts: 1633
Joined: Fri Nov 12, 2010 2:15 am
Reputation: 15
Gender: Male

Postby PebbleTrader » Thu Nov 01, 2012 8:35 pm

I don't really use that, but some of the scalper / short term traders might find it useful.
Life is just a journey

gwendolynkfa
rank: <50 posts
rank: <50 posts
Posts: 2
Joined: Tue Oct 25, 2022 5:31 am
Reputation: 0
Gender: None specified

Re: Forex pairs spread & volume statistics

Postby gwendolynkfa » Tue Oct 25, 2022 5:32 am

Thank you michal

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “statistics”