Statistical analysis refers to a collection of methods used to process large amounts of data and report overall trends.  Statistical analysis is particularly useful when dealing with noisy data.  Statistical analysis provides ways to objectively report on how unusual an event is based on historical data.

Our server uses statistical analysis to examine the tremendous amount of data produced every day by the stock market.  We usually prefer statistical analysis to more traditional forms of technical analysis because statistical analysis makes use of every print.  Candlesticks, by comparison, throw away an arbitrary number of prints before the analysis starts.

Candlesticks, point and figure charts, and other traditional forms of technical analysis were designed long ago.  They were specifically created for people who were analyzing the data by hand.  Statistical analysis looks at more data, and typically requires a computer.

Alert Types

We offer the following alert types which are related to this topic.  Click on the icon for a detailed description of the alert, or click on the example link for additional samples of each type of alert.

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Get Our Trade Of The Week FREE!

Maybe you're a Trade Ideas subscriber. Maybe not. But we all like to get a trade idea!

Close this popup

Once a week we'll send a trade setup to your inbox, complete with a chart and how we identified it.

You'll learn how to spot more types of setups, and hopefully find one that helps your own trading.

Finding trades is what Trade Ideas users do multiple times every trading day. It doesn't matter if you trade once an hour, or once in a blue moon.

We'll help you spot and understand trade setups you want to jump on!

  • In your inbox weekly
  • Different types of setups each week
  • Full rationale and explanation of the setup
  • How you can spot the trade setup yourself