Conditional Statistics™ Inspector

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2024-07-11 17:30:13

We are excited to announce a major update to the Patterns ID web app: the Conditional Statistics™ Inspector. This new feature provides a deeper and more interactive analysis of market trends, helping you refine your trading strategies.

The Conditional Statistics™ Inspector window now includes a detailed table displaying Conditional Statistics™ for all categories related to the selected indicator. This table helps you understand how different conditions have historically affected price changes, offering a comprehensive view of the data at a glance.

One of the standout features of the Inspector is the histogram. It visually represents the historical price percentage changes given the currently selected conditions. This allows you to quickly grasp the distribution and frequency of price changes, aiding in the identification of patterns and trends.

In addition to the histogram, the Inspector includes a bar chart that also shows historical price changes. This bar chart provides a clear visual tool for tracking trends over time and helps you analyze past performance under different conditions.