About this document

Breakout Probability (Expo) Indicator by ds6yvy59p7 is a document available to read on EtoBox.

This indicator displays multiple breakout probability levels based on percentage steps above and below the current price. It calculates the probability of reaching each level based on the number of times price has hit the level on green or red candles. Lines and labels are drawn to represent the levels and their probabilities. Alerts are also triggered on each bar with the ticker, current price levels, bullish/bearish bias, and probability percentages. A table at the bottom displays backtest statistics like

Author

ds6yvy59p7

Language

EN