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Indic Stat to know best run pips/Hour Week(x)/pair
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=2132
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Author:  scanner [ Mon May 13, 2013 11:14 pm ]
Post subject:  Indic Stat to know best run pips/Hour Week(x)/pair

Hi, I have added this on the end on another thread, but seems to be need, so I post it here alone.


Again this is a code that I had transformed for my own use, and it is not a beautifull code, this code would run with 50 lines only with array not as much as now, but the job is done.


It is a graph "statistic" giving you the average of the lowest, hightest and the best volatility of the pair during last X Week, by Hour, H4 or Day. ( meanning, the bests progresses in "pips" term, kind of km/hour.. pips/Hour)

Just put in on a black graph, modify extern in propriety : what stat you want,
- run during each hour, each 4h , or 1 Days
- average on how much week : 10, 5 , 3 lasts ?
- adapt your broker time to get your good hour label ( you can see 0 to 23h )

on the sample screenshot GBPJPY, you can see that generally, the best "run" of this pair are "570" pips at 12 h and 14 h.

To change Symbol, as usual, just put another symbol on the graph.


For example, if you see that EURCHF run, on its maximum, at 150 pips/hour and that GBPJPY at 570 pips /hour, perhaps you could think that you prefer not immobilize your capital to get 80 pips for the best ( 150 - spread - com..) ?

And if you see that at 4:00 & 21h, this pair run max at 268 pips, perhaps, you could wait better impulse before start your trade.


there three levels on each hour bar :



average ot the low volatility, average of the hight , and the hightest for each hour bar.

Just slidding the curseur on it to get the pips' value level info.
Volatility Stat Hour.mq4
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