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# MODE: Statistical Mode (Most Frequent Value)
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| Property | Value |
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| ---------------- | -------------------------------- |
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| **Category** | Statistic |
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| **Inputs** | Source (close) |
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| **Parameters** | `period` |
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| **Outputs** | Single series (Mode) |
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| **Output range** | Varies (see docs) |
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| **Warmup** | `period` bars |
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### TL;DR
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- The **Mode** is a rolling statistical indicator that identifies the most frequently occurring value within a sliding window of recent observations.
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- Parameterized by `period`.
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- Output range: Varies (see docs).
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- Requires `period` bars of warmup before first valid output (IsHot = true).
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- Validated against TA-Lib, Skender, and Tulip reference implementations where available.
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> "The mode is the value that appears most frequently in a data set — the only measure of central tendency that tells you what's actually popular, not what's average."
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## Introduction
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