Simple statistics
statistic noun stəˈtɪstɪk
(also informal stats) [plural] a collection of information shown in numbers
(bullshit definition, by the way)
Stats
We should do simple and obvious descriptive statistics and mesh-sorts.
These stats play the roles of sensors or sensory input for an organism. This is how we “see” the Market as it is (never trying to predict or foretell the future).
We are reactive, not predicitve but prepared and augmented with simple heuristics.
Streams
Any stream of discrete data records has implicit speed, volume and momentum.
- speed: a distance (how far) per unit of time
- volume: a count (how many) per a unit of time
- momentum: a ratio with previews measures
- acceleration: a rate of change per unit of time
Each slot of a record could have its own metrics.
Sources
K-lines
All the obvious metrics.
- ranges
- averages
- mesh-sorting
Order book
An Order Book is a tagged set of various Limit (non-Market) orders set by other participants.
From analysis of an Order Book some cues about the current sentiments could be inferred, as simple as spotting common price targets (usually at supports or resistances) and to catch above-average Orders.
The crustal pieces of information are
- Directions
- Price targets
- Order Sizes
- “Density” of orders
- Rate of new orders