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This script is designed to get various statistics of chart candlesticks for a selected time frame.

From correspondence with the author (drknn):

In a nutshell, here’s what happened: A friend wrote to me with an offer to open right at the intersection of the days. The opening direction is the same color as the previous day's candlestick. If there is currently a daily intersection, then on D1 the day's candlestick is closing and during the first price movement of the zero candle we check the first candlestick. If bearish, open short. Long story short, so as not to jump headlong into the vortex, I told my friend that I would write a script that would collect statistics and show the probability of making a 10 pip profit if the candlestick colors matched/mismatched. I decided not to show matching cases in the script. It is obvious that if the colors match, the probability of getting 10 points of profit is almost 100%.

Therefore, I'm more interested in the probability of getting these points when the candlestick colors don't match. Take the wick as an example, so to speak. The script shows that the probability of certain currency pairs is quite high. It also helps to quickly filter out pairs with relatively low probability. A profit of 5 pips is more likely. We started testing this in real trading and found this stuff works. Nowadays we hardly use it anymore because there are huge profit points every day and the trading system has been perfected enough through our sleepless nights and hours of experimentation. So I can distribute this script to people for free.

The operating skills are as follows: The junction of the two days opens in the direction of the previous day. Discontinuation is at the user's discretion. Next, you should not enter the market with the minimum lot size at the moment, but at least two minimum lot sizes. Once you have 10 pips of profit, close part of the position and move your stop loss to the break-even point. You can then close the terminal and go to bed, or set a trailing stop of approximately 25 pips on the terminal and go to bed as well. Sometimes, the stop loss point moved to the breakeven point is not triggered, and the profit we get is not 10 points, but more.

Attachment download

📎Daily_Research.mq4 (5.12 KB)

Source: MQL5 #7277