QUANTITATIVE study ” Crypto Analytical Tools” 20024
Quantitative study is a tool for analyzing the history of quotations of a economic resource, which allows you to determine price levels and the probability of a reversal, a certain price movement specified in advance by the user (measured in points, from 1 to 5 price movements are analyzed simultaneously). The probability of a reversal at price levels is determined as a percentage and expressed in numbers from 0 to 101.
The determination of probability levels is based on the methods of probability theory and statistics, where the most common indicator is the Standard Deviation: the standard deviation of a random variable relative to its mathematical expectation based on an unbiased estimate of its variance. It is measured in units of measurement of the most random variable. The standard deviation is equal to the square root of the variance of the random variable.
The standard deviation is used to analyze the price movements of a economic resource as an indicator of how much the price of that economic resource changes over time. That is, the greater the standard deviation, the greater the volatility of the selected series of price movements. Based on calculations and study of quotations of past time periods, using 20 quantitative study algorithms, price levels and probability of reversal of current price movements of a economic resource are determined, which are characterized by such properties as category, direction (buy-sell), amplitude, acceleration pivot points, etc.
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