OPEN-SOURCE SCRIPT
P-Signal Gravity
P-Signal Gravity will help you choose a trading strategy, taking into account volatility and exchange commissions. The white circles indicate the probabilistic position of the virtual center of gravity. The reliability parameter determines the probability of finding such a center of gravity. The table shows the latest price and the expected P/L, taking into account the exchange commission, which is also a parameter. Due to the overlay type of indicator, the table also contains p-signal values and its increment.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.