Do you code at all? If you can understand
Pine script logic then this could be done for free as an indicator in Tradingview. It should be fairly simple......similar to On Balance Volume minus the volume, with a lookback period applied.
THank you, I will take a look at it. But I though there was a ready to use app already. I don't know if I can trust my coding skills lol
Even if we look out for patterns you won't have one just by counting the number of green and red candles in a chart, I just don't see an importance of the number really.
As I said before, I have zero interest in trading. This is not for trading.
I am reading Nassim Taleb, and he is talking about probability, randomness, stuff like that.
I would like to make some experiments, like comparing how will bitcoin perform if you look charts once a year. Or once a month. Or once day. Or once minute.
I will illustrate as Taleb did on the book.
If you look at SP500 charts every January 1st, it will be green 90% of the time for the last 20 years (something close to that).
However, if you look once a month, it will be green only 67% of the time. If you do that to the point of one second, it will be nearly 50-50%.
I want to make some work on that data, on bitcoin.
