OPEN-SOURCE SCRIPT
Aggiornato

AmitN STDEV V5

1 421
Often, a trader would like to predict the range for the next certain amount of period. This is useful for doing short strangles, Iron Fy, Iron Condor strategies.

This script calculates the price range for the next 'X' number of candles on the given timeframe based on Standard Deviation formulae.
It gives this range on 1 standard deviation and 2 standard deviations.

-----------------------------------------------------------
1SD Range : Probability of expiry in that range is 68 %
2SD Range : Probability of expiry in that range is 95 %
-----------------------------------------------------------

From the settings, you can choose the "lookback" period which is used to calculate the next price prediction based on those many candles.

The range is plotted in the form of lines. It marks the range and also the difference between spot and the range-value.
Note di rilascio
Updated the chart image
Note di rilascio
Added the percentage figure to see the range percentages.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.