This indicator has been made to get a statistical edge. It has two different options. Weekly High/Low or Daily High/Low
Weekly High/Low - use this on Daily Chart This option plots a table, that shows how often the High/Low of the Week has been made on certain Days of the Week. It is possible, to only filter bullish/bearish weeks, to have more precise values. Daily High/Low - use this on Hourly Chart This options plots a table, that shows how often High/Low of the Day has been made on certain Hours of the Day. It is possible, to only filter bullish/bearish days, to have more precise values.
How do I use it? Let's say you have created a daily bias. You are expecting spx500 to have a bullish day. Now you can filter bullish days in your indicator settings and then you get data, on which time of the day you have the highest chance to see the high/low of the day being created, same goes for weekly bias.
Informacje o Wersji
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now supporting full 24 hour range
Informacje o Wersji
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- added color gradients to highlight the table cells with the highest numbers
because there was a question on how to understand the table: first row shows the time. 1 -> 1 am, 2 -> 2am. count shows how often that time made the high/low % shows how often that time made the high/low as an percentage
sbtnc
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Hey, I noticed the indicator identifies Friday to Sunday as one day (forex markets, hourly chart).
mick014
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This indicator is one of the best i seen in while, so much data from the little box. been able to predict price better with this indicator. your wizardry is unmatched sir and i am grateful to you.
mick014
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I love the idea of this. Thank you for all your efforts brother.
bethewinner
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Hi good option to change time zone if is possible :) thx
SKSingh23
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Hi brother, is there any way to use this indicator on UTC +5:30.
first row shows the time. 1 -> 1 am, 2 -> 2am.
count shows how often that time made the high/low
% shows how often that time made the high/low as an percentage