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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...
![TSLA: Probability Cloud BASIC [@AndorraInvestor]](https://s3.tradingview.com/1/11Nbv8Sw_mid.png "Probability Cloud BASIC [@AndorraInvestor]")
