WonderTones

DownAfterLowProba

// The script is useful to inspect probability:
// If previous day closed at lowest price for several days
// how often next day would be red bar
// As one can see gray lines indicate bars with lowest close. If next bar is green, increment diff_hi, overwise increment diff_lo
// Probability is counted as diff_lo / (diff_hi+diff_lo)

// One can copy script and change conditions to count other interesting probabilities
Von Favorisierten Skripten entfernen Zu Favorisierten Skripten hinzufügen
As it's shown at example for USDRUB it does not mean that day was closed at local low. Next bar may be green or red with nearly the same probability.
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