PROTECTED SOURCE SCRIPT
Probability Daily High/Low [Dova Lazarus]
Key Features:
✅ PDH/PDL (Previous Daily High/Low) – Displays the previous day's high and low.
✅ Open Level – Marks the current day's opening price.
✅ Opposite Move Levels – Plots probability-based price movement levels in both directions.
✅ Customizable Styling – Allows users to adjust line colors, styles, and font sizes.
✅ Supports Multiple Assets – Predefined probabilities for EUR/USD, with the option to add data for other instruments.
How It Works:
📌 Identifies the previous day's high, low, and open price.
📌 Calculates the percentage position of the open price relative to the prior day's range.
📌 Retrieves the corresponding probability of reaching the high/low from a 20-year historical dataset.
📌 Plots lines on the chart with probability labels.
This indicator helps traders assess the likelihood of price movements beyond previous extremes and integrate probability-based decision-making into their trading strategies. 🎯
✅ PDH/PDL (Previous Daily High/Low) – Displays the previous day's high and low.
✅ Open Level – Marks the current day's opening price.
✅ Opposite Move Levels – Plots probability-based price movement levels in both directions.
✅ Customizable Styling – Allows users to adjust line colors, styles, and font sizes.
✅ Supports Multiple Assets – Predefined probabilities for EUR/USD, with the option to add data for other instruments.
How It Works:
📌 Identifies the previous day's high, low, and open price.
📌 Calculates the percentage position of the open price relative to the prior day's range.
📌 Retrieves the corresponding probability of reaching the high/low from a 20-year historical dataset.
📌 Plots lines on the chart with probability labels.
This indicator helps traders assess the likelihood of price movements beyond previous extremes and integrate probability-based decision-making into their trading strategies. 🎯
Script protegido
Esse script é publicada como código fechado. No entanto, você pode usar ele livremente e sem nenhuma limitação – saiba mais aqui.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Script protegido
Esse script é publicada como código fechado. No entanto, você pode usar ele livremente e sem nenhuma limitação – saiba mais aqui.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.