Next Candle History Info

How does this work?

This indicator analyzes the history of the current timeframe and reports the information on:

1. The probability of the next 1-3 candles being bullish on this day of the week.

2. The probability of the next 1-3 candles being bearish on this day of the week.

This information might be useful to people who believe in the repetition of history.

Suppose you think that GBP always moves in a certain direction before the London Stock Exchange opens. This indicator will help you check this.

To do this, run the indicator on the timeframe from M1 to H4, wait for 1 candle before an event and that's it.

Information on the screen

• Weeks in test - the number of week loaded from the available history.
• Candles in Test - the number of candles loaded from the available history.
• Bullish candles next - bullish candles.
• 1 candles next - 66% means that the next candle will be bullish with a probability of 66%.
• 2 candles next - 40% means that 2 candles in a row will be bullish with a probability of 40%.
• 3 candles next - 10% means that 3 candles in a row will be bullish with a probability of 10%.
• Bearish candles next - bearish candles.
• 1 candles next - 33% means that the next candle will be bearish with a probability of 33%.
• 2 candles next - 30% means that 2 candles in a row will be bearish with a probability of 30%.
• 3 candles next - 20% means that 3 candles in a row will be bearish with a probability of 20%.