Simple Frequency Distribution Indicator Request

Hello.

Does any one have an indicator or is willing to code one that will give the stats on how many candles close green & red 1 , 2, 3, 4, 5, 6, etc times in a row in the last x amount of candles? I would like to have the indicator work for both Japanese Candle Sticks & Heiken Ashi candles.

Example:
100 (will use much bigger sample size in practice) candles Sample
100% Close Green or Red 1 Day in a row
50% Close Greeen or Red 2 days in a row
20% Close Green or Red 3 Days in a Row.
15% close green or red 4 days in a row.
10% close green or red 5 days in a row.
5% close green or red 6 days in a row.


Thank you every one who reads this and offers their help.

Holy smoke ...

I was thinking of the exact same thing. Even onn the JPY graphs like the NZD JPY 1hr, the closed bars appear to be consistently in one direction for a period of time. I was looking to combine it with a histogram of rounded pips and a normal distribution of the mean size of the moves.

Have you had any progress with finding someone to code this indicator for you? Ofcourse it would ahve to be in a table format. And I was more thinking anindicator where you manually enter the direction of the close , such as 1st abr up, second ar down, third up, and then the indicator gives you a probability based on history. So its good for hypothetical moves and lerning.

Here is an indicator you may be interested in. The indicator shows green/red distribution over N=1 to M periods. The default value of M is 10, but you can change it to any positive number in the input settings. For example, in the following chart, the number of green candles over last 10 bars (excluding the current bar) is 40 (and that of red bars is 60). These information are displayed under the current bar. The previous green and red histograms show the same information over the last 9 bars, etc.