Unseasonalised Average Trading Range and Forecast for monthly charts

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Unseasonalised Average Trading Range and Forecast for monthly charts
Author: GaryOThompson (2013.11.25 09:39)
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Unseasonalised Average Trading Range and Forecast for monthly charts 1
 Unseasonalised ATR and Forecast.mq4 (10.4 Kb) View
Unseasonalised Average Trading Range and Forecast for monthly charts 1 Unseasonalised JPY ATR and Forecast.mq4 (10.4 Kb) View
 

Author:

Gary Thompson

Description:

Best used on monthly candlestick charts with four decimal points to a pip (use the JPY version for other pairs). This EA calculates the likelihood of your desired range of pips being hit based on two years of past trading ranges and a statistical forecast. If used in conjunction with a direction determinant, it can help determine where to take profit in a monthly trade. Once you use it on the monthly time-frame you will get statistical information to the top left of the screen.

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