Research

MTL W: Energy Zone Transition Trends

Candle open

Study type
Historical statistics
Question answered
Direction of market moves
Principle
Once a candle closes, its data is locked and never changes, so it can be observed over time
Candles studied
536 MTL W candles
Period
2016-05-16 – 2026-10-12 (10.4 years)
Result
7-zone table below ↓
Other timeframes
D1H
ENERGY SHIFTS
↑ % moved higher↓ % moved lower★ current★ previous candle
Knowledge

Concepts referenced in this study. Tap to explore each in the Knowledge Hub.

MTL — Bear Extreme — W

Occurrences: 12 times
Then moved up to a higher zone: 12 times — 100%
Then moved down to a lower zone: 0 times — 0%

MTL — Bear Critical — W

Occurrences: 14 times
Then moved up to a higher zone: 12 times — 85.7%
Then moved down to a lower zone: 2 times — 14.3%

MTL — Bear Bias — W

Occurrences: 21 times
Then moved up to a higher zone: 10 times — 47.6%
Then moved down to a lower zone: 11 times — 52.4%

MTL — Neutral — W

Occurrences: 25 times
Then moved up to a higher zone: 12 times — 48%
Then moved down to a lower zone: 13 times — 52%

MTL — Bull Bias — W

Occurrences: 24 times
Then moved up to a higher zone: 8 times — 33.3%
Then moved down to a lower zone: 16 times — 66.7%

MTL — Bull Critical — W

Occurrences: 12 times
Then moved up to a higher zone: 1 times — 8.3%
Then moved down to a lower zone: 11 times — 91.7%

MTL — Bull Extreme — W

◉ CURRENT CANDLE

Occurrences: 12 times
Then moved up to a higher zone: 0 times — 0%
Then moved down to a lower zone: 12 times — 100%

Current market energy at 80.58%
Distance to peak 100%: 19.42 points
Distance to lower bound of Bull Extreme (at 74.5%): 6.08 points
FREQUENTLY ASKED QUESTIONS

What is the trend of MTL?

Historically, when MTL was in the Bull Extreme zone, the market moved up to a higher zone 0% of the time and down to a lower zone 100% of the time (across 12 observations).

Where is the market within its current zone?

The Bull Extreme zone spans 74.5% to 100%. The market is at 80.58%, 19.42 points from the upper bound and 6.08 points from the lower bound — closer to the lower bound of the zone.

How are these statistics calculated?

Each closed candle carries an energy state. A transition is counted when the next candle carries a DIFFERENT state; moving up means a higher-energy zone, moving down a lower one. Percentages are frequencies observed across the full sample.

Where does the data come from and how many candles?

The sample contains 536 candles from 2016-05-16 to 2026-10-12, computed with 2AiTrading's proprietary Market Energy model. Data is captured at candle close and locked immutable over time to keep the statistics stable.

Are these numbers a prediction?

No. These are historical frequencies describing MTL's past behavior — not future probabilities and not buy/sell advice. Investors should combine them with their own trading method and do full research before applying.

What are the 7 market energy states?

Market Energy measures the market on a -100% to +100% scale, split into 7 zones from Bear Extreme to Bull Extreme; every closed candle belongs to exactly one zone.

See all 7 Market States →

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