PROTECTED SOURCE SCRIPT
更新済 Probability Bands [Anan]
Hello Friends,,,
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This indicator is based on Bayes' Theorem and is fully based on probabilities.
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Formula For Bayes' Theorem:
P(Bull|Bear) = P(Bear∣Bull) * P(Bull) / P(Bear)
where:
Bull and Bear are events and P is probability
P(Bull|Bear) is the posterior probability, the probability of Bull after taking into account Bear
P(Bear∣Bull) is the conditional probability or likelihood, the degree of belief in Bear given that proposition of Bull belief (Bull true)
P(Bull) is the prior probability, the probability of Bull belief
P(Bear) is the prior probability, the probability of Bear belief
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The indicator output one trend lines and (Bull/Bear) Signal :
Bull/Bear Probability Trend :
when the price is above mid line ==> Up Trend
when the price is below mid line ==> Down Trend
And by using ATR deviation multipliers, we can get (Bullish/Bearish) zones
===================================
Disclaimer:
This script is for informational and educational purposes only.
Use of the script does not constitutes professional and/or financial advice.
You alone the sole responsibility of evaluating the script output and risks associated with the use of the script.
===================================
===================================
This indicator is based on Bayes' Theorem and is fully based on probabilities.
===================================
Formula For Bayes' Theorem:
P(Bull|Bear) = P(Bear∣Bull) * P(Bull) / P(Bear)
where:
Bull and Bear are events and P is probability
P(Bull|Bear) is the posterior probability, the probability of Bull after taking into account Bear
P(Bear∣Bull) is the conditional probability or likelihood, the degree of belief in Bear given that proposition of Bull belief (Bull true)
P(Bull) is the prior probability, the probability of Bull belief
P(Bear) is the prior probability, the probability of Bear belief
===================================
The indicator output one trend lines and (Bull/Bear) Signal :
Bull/Bear Probability Trend :
when the price is above mid line ==> Up Trend
when the price is below mid line ==> Down Trend
And by using ATR deviation multipliers, we can get (Bullish/Bearish) zones
===================================
Disclaimer:
This script is for informational and educational purposes only.
Use of the script does not constitutes professional and/or financial advice.
You alone the sole responsibility of evaluating the script output and risks associated with the use of the script.
===================================
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このスクリプトのソースコードは非公開で投稿されています。 However, you can use it freely and without any limitations – learn more here.
免責事項
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
保護スクリプト
このスクリプトのソースコードは非公開で投稿されています。 However, you can use it freely and without any limitations – learn more here.
免責事項
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.