OPEN-SOURCE SCRIPT

Probability Cloud BASIC [@AndorraInvestor]

3 029
🔮☁️
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.

免责声明

这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。