█ Probability Box Rule of Thirds
The Probability Box Rule of Thirds , is a visual indicator that helps traders identify possible overbought and oversold conditions. It does this by dividing the price range – highest high minus the lowest low of a given lookback period or date range – into thirds. Each third has distinct probability characteristics and when...
![AAPL: Probability Box Rule of Thirds [PPI]](https://s3.tradingview.com/n/nRtQFOoq_mid.png "Probability Box Rule of Thirds [PPI]")
