INVITE-ONLY SCRIPT
已更新 Probability Of Expiring Cone
This script attempts to give forecasts over the range of the closed price based on the exponentially weighted volatility.
Overall, with the assumption of normal distribution of log return, which might not always hold true, it calculates the approximate/ estimated probability that the current candles will close within the plotted shape. One, two, and three sigma will give the probability of around 68%, 95% and 99% respectively.
This can be used to give you a better sense of what is likely with the current level of volatility, thus assist in risk management and position sizing.
May you be on the right side of the trade.
Overall, with the assumption of normal distribution of log return, which might not always hold true, it calculates the approximate/ estimated probability that the current candles will close within the plotted shape. One, two, and three sigma will give the probability of around 68%, 95% and 99% respectively.
This can be used to give you a better sense of what is likely with the current level of volatility, thus assist in risk management and position sizing.
May you be on the right side of the trade.
版本注释
Migration to Pine V5版本注释
Important Updates:- Add the option to allow the cone to scale with drifts in returns, making it directionally biased
- Add the option to customize the exact numeric probability value
- Increase from 32 forecast series to 64.
- Replace with EWMA Volatility Model with an approximation of GARCH.
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仅限邀请脚本
只有经作者批准的用户才能访问此脚本。您需要申请并获得使用权限。该权限通常在付款后授予。如需了解更多详情，请按照以下作者的说明操作，或直接联系QallianceTech。
除非您完全信任其作者并了解脚本的工作原理，否則TradingView不建议您付费或使用脚本。您还可以在我们的社区脚本中找到免费的开源替代方案。
作者的说明
Send me a direct message for life-time access request
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。