MT4GoldTested

Tested on demo accounts by the seller. A utility has no trading performance, so no Trust State applies - see the description for exactly what was tested.

AT24 Persistence Meter (MT4)

'The market is trending' and 'the market is range-bound' are usually judged by eye. AT24 Persistence Meter for MetaTrader 4 measures it: the variance ratio of price moves over three horizons on your own symbol, a z-statistic against chance, and a study of whether the reading really said anything about what the next move did. What you get - VR, z and the implied exponent for three move lengths, and a state for the main one: moves tend to continue, tend to reverse, or look like a random walk. - A study over the loaded history: how much of the time each state occurred, and how often the next move went the same way as the last move - any time, when trending and when reverting - with sample sizes and 95% intervals. - Closed bars only; works on any timeframe. What was verified: compiles with 0 errors and 0 warnings in MetaEditor 4 and runs on an MT4 demo terminal on XAUUSD H1 (the state was a random walk with VR 0.83 at 8 bars; over 236 study windows the next move went the same way as the last 44% of the time, 46% when trending (n=13) and 54% when reverting (n=13) - see the screenshot). These numbers are historical and descriptive and show no edge: the trending and reverting samples are small and sit within noise of 'any time'. Not verified: live-money use, other symbols and brokers, the licence check with a real purchase on MT4. It is delivered as a non-trading utility Expert Advisor (MT4 does not allow licence checks inside indicators). MetaTrader 4 only. Education tool, not a signal: it draws levels and shows context, it never places orders and gives no buy or sell advice. It uses no DLL. Personal use on your own charts. Past averages and past price behaviour do not predict the future.

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