Indicators: Prior Bar Break Odds with Probability Bars and a Rolling Hit Rate
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Prior Bar Break Odds with Probability Bars and a Rolling Hit Rate:
Measures, on the chart's own history, how often a bar takes out the prior high or the prior low after bullish and after bearish bars, at up to five levels spaced by the average range. Each level carries a probability bar, and a table scores the favored side over all bars and over the last 200.
Author: Bruno Nunes Myrrha Ribeiro