Quantile

Quantile Bands – indicator MetaTrader 5

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Quantile Bands - indicator for MetaTrader 5
Some basic information on quantiles : In statistics and the theory of probability, quantiles are cutpoints dividing the range of a probability distribution into contiguous intervals with equal probabilities, or dividing the observations in a sample in the same way. There is one less quantile than the number of groups created. Thus quartiles are the … Read more

Quantile bands – generalized – indicator MetaTrader 5

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Quantile bands - generalized - indicator for MetaTrader 5
Quantile bands – that are using the following quantile(s) for calculation. In statistics and the theory of probability, quantiles are cutpoints dividing the range of a probability distribution into contiguous intervals with equal probabilities, or dividing the observations in a sample in the same way. There is one less quantile than the number of groups … Read more

Quantile bands – indicator MetaTrader 4

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Quantile bands - indicator for MetaTrader 4
Quantiles : In statistics and the theory of probability, quantiles are cutpoints dividing the range of a probability distribution into contiguous intervals with equal probabilities, or dividing the observations in a sample in the same way. There is one less quantile than the number of groups created. Thus quartiles are the three cut points that … Read more

Quantile Price Analysis – indicator MetaTrader 4

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Quantile Price Analysis - indicator for MetaTrader 4
Calculation is: ———————- Calculation is current close price minus the close price of the last N(default 30) period’s defined X(default 60) upper quantile & current close price minus the close price of the last N(default 30) period’s defined X(default 40) lower quantile. If both of these value(which are displayed in histograms) are above 0 then … Read more