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# StatPredict

### Introduction.

The indicator predicts the price in accordance with the prevailing trend  and its own small statistical price fluctuations around this trend. At the same time, in StatPredict, you need to set the time horizon of the forecasted events, which is set by the parameter settings of the “ Length of forecast in bars” indicator and determined by the characteristic time scale of the current  trend, which is best measured by the ProfitMACD indicator or by the previous price consolidation period, from which as a forecast horizon, you can take one-fourth.

The final calculation of the indicator readings after installing it on the chart occurs when a new tick arrives.

Information about the operation mode of the indicator is printed when it is installed on a chart in the “expert” tab.

### 1. Purpose of the indicator.

Using mathematical methods for predicting random processes, StatPredict  indicator predicts the most probable values ​​of the future price and calculates the confidence interval for them.

The StatPredict indicator works on all time scales and is suitable for both long-term play and scalpers.

In addition to the position of the most likely forecast points (indicated by arrows oriented by the calculated price movement at the corresponding future bar), considered for the median price (high + low) / 2, StatPredictcalculates the limits of the confidence interval for the predictions that are indicated by triangles and are considered at the top of the confidence channel for maximum price, and at the bottom of the channel for the minimum price. The value of the confidence probability used in the algorithm is specified in the indicator settings.

Additionally, the indicator also draws an unbiased average curve, which allows for a better determination of the scale of trend movements.

### 2. The use of the indicator in the trade.

The StatPredict indicator predicts the future emerging from the already established trend trends and steady own “statistical fluctuations” of prices. The prediction algorithm cannot deliberately take into account the strong effects on the price caused by large events that have not yet occurred, such as important news, etc. Therefore, it is incorrect to use StatPredict for the forecast before the release of important news and immediately after their release (it is advisable to wait for the volatility to decrease). It is also incorrect, using the indicator on small timeframes, to capture with its horizon of forecasting the future moments of the release of important news.

The use of the indicator is very simple. The indicator with arrows draws the trajectory of the future price movement, on which TakeProfit of the opened positions are placed, and StopLoss are placed on the boundaries of the confidence level channel. With an increase in the forecast price, positions are opened on Buy, and when they fall on Sell.

StatPredict also provides the option to calculate the lot, based on the positions of the last points of the calculated channel of confidence probability, as well as the size of the deposit and the allowable risk, which are specified in the indicator settings. Lot sizes are printed in the comments (on the MT screen) along with the positions of the corresponding StopLoss.

### 3. Indicator settings.

• Length of forecast in bars  - The number of bars that are forecasted. Values: any positive integer    (7 default).
• Confidence probability - Values:  any real number  from  0  to  0.999 (0.67 default).
• Global indicator shift (to estimate the forecast)  - Shift indicator to adjust its operation. Values: any positive integer    (0 default).
• Dimensions of markers  - Marker sizes to display forecast points. Values: any positive integer   from 0 to 5 (3 default).
• Calculate the lot size from the risk, deposit and CP*? – Calculate the size of the lot, based on the risk, the size of deposit and channel size of confidence probability level? Values: true, false(default).
• Deposit in \$ - Deposit amount in dollars (5000 \$ default).
• Allowable losses in % - Permissible loss as the percentage of the deposit (2% default).

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Pablo Mozo Bel
The Williams Dashboard is an information panel which allows you to have a global market vision through a Williams Percent Range. Williams Dashboard analyzes and tracks all the assets you want to invest in. Take advantage of this useful dashboard where you can open in a few seconds the chart and quickly invest in it. Main Features of Williams Dashboard Graphic panel that allows you to know the situation of many assets. 7 Different Williams Percent Range situations to discover when an asset is o
59 USD
Best And Worst
Chantal Sala
The Best and Worst indicator (similar to Net Change Indicator) has the peculiarity of being a dynamic indicator. It seems a very Stock Exchange Indicator. This means that it is able to draw up a list and put in order the best and worst instruments in descending order. You can choose to show the percentage of any Time Frame: 1M, 5M, 15M, 30M, H1, H4 etc ... This instrument could really give great suggestions on your trading in order to center the right time and to have a total view of the markets
50 USD
Classic Keltner Channel
Or CKC . ⭐⭐⭐⭐⭐ This indicator works depending on the classic ten-day moving average rule described by Chester W. Keltner (1909–1998). All parameters are set to the classic version of the Keltner system by default, while the user can change them if he wants. Try Demo before you buy:  https://www.mql5.com/en/market/product/47130 Read CKC Manual: https://www.mql5.com/en/blogs/post/736577 CKC Expert Advisor Example: https://www.mql5.com/en/blogs/post/734150 About Keltner Channel Formula Calculate
60 USD
Sam TrendBlaster
AKILA THILINDA JAYARATHNA RANASINGHEGE
*****ARROWS NON REPAINT ***** Trade With Sam Simple Strategy Guide :  https://www.mql5.com/en/blogs/post/740855 Try Out and see the Difference The Sam's Trend Blaster indicator tracks the market trend with an unmatched reliability, by ignoring sudden fluctuations and market noise. It has been designed to trend-trade intraday charts and small timeframes. Its winning ratio is around 85%. This is an arrow indicator that shows precise price reversals. A great arsenal to add to any chart. Amazin
98 USD
Configurable Dashboard Pro by RunwiseFX
Runwise Limited
Displays multiple indicators, across multiple timeframes and symbols to give a comprehensive overview of the market. Uniquely, the indicators are configurable and can include custom indicators, even those where you just have the ex4 file or those purchased from Market. Standard indicators can also be selected, the default being ADX, CCI, market price above/below Moving Average (MA), Moving Average Cross (MAX), MACD, Momentum (MOM), OsMA, RSI, Parabolic SAR, William's Percentage Range (WPR). Use
69 USD
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