level_stats

10 בדצמ׳ 2021

This script tells you the percentage of time an instrument's closing value is above and below a level of your choosing. The background color visually indicates periods where the instrument closed at or above the level (red) and below it (blue). For "stationary-ish" processes, you can get a loose feel for the mean, high, and low values. The historical information conveyed through the background coloring can help you plan derivatives trades. Try with your favorite pairs, commodities, or volatility indices.

Usage: pick a level of interest using the input.

12 בדצמ׳ 2021

הערות שחרור

Added a histogram to depict the distribution of closing prices. Prices less than the "level" input are blue, while those above the level are red. This color scheme is also used to color the chart background.

12 בדצמ׳ 2021

הערות שחרור

removed some debug code

12 בדצמ׳ 2021

הערות שחרור

added mean, median, and stdev

13 בדצמ׳ 2021

הערות שחרור

Added a date selection. The statistics and histogram will reflect only the period [ start, end ).

14 בדצמ׳ 2021

הערות שחרור

added a horizontal line (light red) to indicate the level

15 בדצמ׳ 2021

הערות שחרור

The histogram's width, height, and number of buckets are now adjustable inputs. More buckets will make the histogram somewhat smoother and more detailed, but at the cost of performance. The maximum number of buckets is probably around 80. The width and height units are "percentage of the screen".

I have set the defaults at levels that perform reasonably well.