The market and trading revolve around the concept of probabilities for certain outcomes, which—when favorable—translate into profitable trades for the speculator. However, how do we quantify probabilities if we are not equipped with data and statistics from the various important segments of the market?
Maintaining the concept of the union of the X and Y axes of our chart—Time and Price—we've come to understand that we stand a better chance of achieving profitable outcomes when high-probability price patterns form at high-probability times of the day.
The Optimus Time Tracker is designed to mitigate the lack of readily available data and statistics that revolve around the X-axis of the chart—Time. With three powerful modes and various input parameters, extensive research via the time axis can now be conducted in a matter of seconds. This tool is invaluable, as the data it processes instantly would otherwise take days, if not weeks or months, to collect, organize, and calculate manually.
The Modes:
High/Low Stats Mode
Covers statistics for the percentage of times each day of the week formed the high or low of the week, based on either a lookback period or a custom date range.
Bull/Bear Close Mode
Calculates the percentage of times each weekday closed bullish or bearish, within either the lookback period or the custom range input.
Session High/Low Mode
Calculates the frequency (as a percentage) of sessions that made the high or low of the day for each weekday, within your chosen period. This mode uses your session inputs to define session boundaries.
There’s a natural edge embedded in Time Itself.
When combined with even a simple price pattern or strategy, the possibilities are limitless.
Dive in and discover the awesome potential of the Optimus Time Tracker.