Daily Gain/Loss Statistics with Statistical Projections

4 giorni fa

📊 Day Statistics Pro with Statistical Projections

🎯 What It Does:
This indicator combines historical day-of-week analysis with advanced statistical projections to help traders understand market patterns and assess target probability.
📈 Key Features:
Historical Analysis:

Day Rankings: Identifies best/worst performing days of the week
Win/Loss Rates: Shows percentage of positive vs negative days
Performance Metrics: Average gains, losses, and intraday movements
Current Day Highlighting: Emphasises today's historical performance

Statistical Projections:

Target Probability: Estimates likelihood of reaching price goals
Scenario Analysis: Best case, average, and worst case timing
Required Performance: Daily % needed to hit targets in timeframe
Confidence Intervals: Statistical margins of error around predictions

🚀 Primary Use Cases:

Entry/Exit Timing: Trade on historically strong/weak days
Position Sizing: Larger positions on high-probability days
Target Setting: Realistic price goals based on historical patterns
Risk Management: Understand typical daily volatility patterns
Swing Trading: Plan multi-day trades using day-of-week edges
Options Strategy: Time purchases around high-probability days

💡 Who Benefits:

Day Traders: Optimise entry/exit timing
Swing Traders: Plan multi-day position strategies
Options Traders: Time premium purchases/sales
Risk Managers: Understand daily volatility patterns
Quantitative Analysts: Data-driven pattern recognition

⚡ Quick Decision Support:

See if today is historically bullish or bearish
Assess if your price target is statistically realistic
Understand probability ranges rather than just hoping
Make data-backed rather than emotional trading decisions

Bottom Line: Transforms gut feelings into statistical insights, helping you trade with historical patterns rather than against them.

3 giorni fa

Note di rilascio

Added a Helper table