You are here

See the future

LiveStatistics allows investors to define an event based on different parameters. LiveStatistics will identify in real-time how often similar events occurred in the past. All these past events are analyzed in real-time. Based on the price developments of the past events, projections for the current market price are displayed in the chart.

In short…
  • The user defines an event based on a set of parameters (shape, trading range …).
     
  • LiveStatistics identifies all similar events in the past.
     
  • LiveStatistics displays projections for the current market price in the chart.

Download a free real-time demo of the NanoTrader Full trading platform


1. WHAT HAPPENED IN THE PAST?

Livestatistics in NanoTrader makes projections for the market.

The example above illustrates a classic trader question: to buy or not to buy?
  • Buy because it is a strong, consistent rally which is simply taking a pause.
  • Don’t buy because this rally has run out of steam and the market was very negative after the opening.
Both are valid opinions. But … what happened in the past when similar events occured? 
 
LiveStatistics displays projections for the current market price in the chart. In the example above the statistics show a bullish bias. This example is dealt with in detail in the free LiveStatistics guide.
 
2. USING LIVESTATISTICS
 
LiveStatistics can be used for:
 
  • A "reality check". The projections are a good indication of how the market price can move over a given period of time. Many investors have price expectations which are not realistic.
  • Determining stops and price targets. These levels are visible in the chart.
     
  • Confirming a signal given by a strategy. If, for example, a strategy gives a buy signal, the live statistical data should show a bullish sentiment.
     
  • Trading strategies based on live statistical data.
LiveStatistics indicates this gap will close.
 
The example above illustrates another classic trader question: will this gap close or not?
 
The projections based on statistical data seems to have a bullish bias. The real evolution of the market price is shown next to the LiveStatistics projections. The gap did indeed close later that day.

€uro am Sonntag broker test:

„The lowest price broker. The best order execution.“

The respected finance magazine "€uro am Sonntag" tested 13 CFD-Forex broker on 733 criteria. In this wide-ranging test of the brokerage industry broker WH SELFINVEST came in first, once more.

Brokervergleich.

Try a few trading strategies... download a real-time NanoTrader Full demo.

Free demo

Test NanoTrader Full  I  Test Tradingview  I  Test the mobile platforms  All for CFD-Forex & Futures

Buy US stocks

Pay 0,00 $ order commissions with Freestoxx

Trading videos

Charting, strategies, automated trading, backtesting, playback... watch these videos and become a platform master.

Managed account

+33,1% (2020) & +17,5% (2021). Explore Investui

Broker

WH SelfInvest serves traders from offices in GermanyFranceSwitzerlandBelgiumLuxemburg and the Netherlands.

The spectacular SignalRadar

SignalRadar shows live trades being executed by various trading strategies.

Copyright 2022. WH SelfInvest, 33 rue du Puits Romain, 2nd Floor, 8070 Luxembourg-Bertrange, Luxembourg

Back to Top