OPEN-SOURCE SCRIPT
Probability Cloud BASIC [@AndorraInvestor]
🔮☁️
This is the BASIC version of the PROBABILITY CLOUD indicator.
It is an evolution beyond traditional standard deviation probabilistic indicators only using bands or channels.
The new PROBABILITY CLOUD graphic representation with customizable transparent layers is based on -2 / +2 standard deviation calculated using 20 fixed predetermined time periods, and is available in several calculation MODES:
SMA , EMA , WMA , VWMA , VWMA & VAWMA
The indicator is designed to let the trader visually understand the probabilistic depth of past, present and future price action, and its evolution over time.
Looking forward to your comments and feedback to guide me on future updates!
🙏 Big THANKS Electrified for letting me use his work on Deviation Bands/ as a starting point for my first script.
This is the BASIC version of the PROBABILITY CLOUD indicator.
It is an evolution beyond traditional standard deviation probabilistic indicators only using bands or channels.
The new PROBABILITY CLOUD graphic representation with customizable transparent layers is based on -2 / +2 standard deviation calculated using 20 fixed predetermined time periods, and is available in several calculation MODES:
SMA , EMA , WMA , VWMA , VWMA & VAWMA
The indicator is designed to let the trader visually understand the probabilistic depth of past, present and future price action, and its evolution over time.
Looking forward to your comments and feedback to guide me on future updates!
🙏 Big THANKS Electrified for letting me use his work on Deviation Bands/ as a starting point for my first script.
开源脚本
本着TradingView的真正精神，此脚本的创建者将其开源，以便交易者可以查看和验证其功能。向作者致敬！虽然您可以免费使用它，但请记住，重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
开源脚本
本着TradingView的真正精神，此脚本的创建者将其开源，以便交易者可以查看和验证其功能。向作者致敬！虽然您可以免费使用它，但请记住，重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。