• Información general
• Comentarios (2)
• Discusión (1)

# Probability distribution FREE

The indicator serves to:

1. determine the probability density distribution of prices. This allows you to detail the structure of the channel, the position of its boundaries and statistically correctly predict the probability of price being in all segments of its fluctuations;
2. determining the moment of the channel change, for which a non-lagging moving average is being built, the algorithm of which was developed by the author.

Probability distribution FREE is a freely distributed version of the indicator  Probabilities distribution of price. Probability distribution FREE, being a freely distributed indicator, differs from the paid version of Probabilities distribution of price  only by the restriction on the timeframes used - only the M15 timeframe can be used.

To trade on all timeframes, use the Probabilities distribution of price  indicator or the even more advanced version of  Probability distribution PRO,  where the asymmetry indicator -  Asymmetry , is also used to more accurately determine the state of the market.

The principles and features of the operation of the indicator Probability distribution FREE, as well as trading methods using this indicator, can be viewed at the link   Probabilities distribution of price.

Operation modes and settings

Algorithm settings:

• The averaging period in the bars of the current graph (2n+1) - averaging period (1-99).
• Number of countable bars of the current chart (<=200) - number of calculated indicator graph bars (1-200).
• Shifting the calculation area of the indicator - global indicator shift (0-100).
• The non-lagging distribution is calculated - calculate a non-lagging distribution.
• The non-late channel  is calculated - calculate the current non-lagging channel.
• Show the values of the probabilities of zones - display area probability values.

Color and display settings:

Colors in probability density descending order.

• Color of the maximum probability zone (0);
• Color of zone (1);
• Color of zone (2);
• Color of the zone of average probability (3);
• Color of zone (4);
• Color of zone (5);
• Color of the minimum probability zone (6);

Parameters of non-lagging moving average.

• Moving average price type - applied price. Values: Close price, Open price, High price, Low price, Median price  ((high + low)/2 - default),  Typical price ((high + low + close)/3),    Weighted  price  ((high + low + 2*close)/4).
• The averaging method   - averaging method. Values:  Simple (default), Exponential, Smoothed,  Linear  weighted.
• Confidence probability -   Values:   from 0  to  0.999 (0.5 by default).
• Color of the moving average line=clrDarkOliveGreen; - The color of the indicator line and its figure sector.
• Paint over the confidence interval?  Values: true,   false  (by default)

• Calculate the lot size from the risk, deposit and channel
• Deposit in \$
• Allowable losses in %
• The channel strategy is used - true - intra-channel strategy (false - channel breakthrough strategy)
• Color of message about the size of the lot
• Information about the lot at the bottom of the channel (false - information at the top of the channel)

Comentarios 2
3853
2020.10.18 13:04

So colorful 😊 but nice

566
2020.09.23 12:32

Another good indicator from Aleksey, to study and test...Thanks!

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Forex Gap NB
Aleh Rabtsau
Forex Gap Indicator. Many traders have noticed on the chart price gaps, but perhaps few people paid attention to the fact that very often these gaps the price tries to close, returning to the place of the beginning of the gap. This indicator will notify you about the gap on any pair on which you set it. The indicator shows a vertical line on the time and date of formation of the gap, as well as puts an arrow in the direction of closing the gap. Since the gap should be closed, it is recommended
30 USD
Identify Market State
Aleksey Ivanov
The Identify Market State   indicator allows you to set the beginning of a new trends and pullbacks on an existing trend. This indicator can be used both for trading on scalper strategies and for long-term trading strategies.               The indicator is based on the 14 periodic DeMarker   indicator and the 8 periodic simple moving average from this indicator. Statistical studies have shown that the sharp peaks of the DeMarker   indicator curve when they drop below its minimum li
49 USD
Sergey Sapozhnikov
Alan Hull's moving average, more sensitive to the current price activity than the normal MA. Reacts to the trend changes faster, displays the price movement more clearly. When the indicator color changes, it sends a push notification to the mobile device, a message to the email and displays a pop-up alert. Parameters Period - smoothing period, recommended values are from 9 to 64. The greater the period, the smoother the indicator. Method - smoothing method, may range from 0 to 3. Label - text
24.90 USD
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566
2020.09.23 12:32

Another good indicator from Aleksey, to study and test...Thanks!

3853
2020.10.18 13:04

So colorful 😊 but nice

Respuesta al comentario
Versión 1.10 2020.08.18
Improved lot calculation algorithm.