Bullish & Bearish Probability Predictor

7 saat önce

Bullish & Bearish Probability Indicator

This indicator calculates the probability of price moving up or down in the short term, using a dynamic scoring system based on a blend of popular technical indicators. It is designed to assist scalpers and swing traders in quickly assessing market sentiment on any chart or timeframe.

How It Works
The script analyzes price action and market conditions based on 13 weighted signals. Each signal contributes to a total score, which is then converted into bullish and bearish probabilities.

The probabilities are displayed live in a clean table at the top-right corner of your chart.

Modes

You can toggle between:

Scalping Mode: Faster settings optimized for short timeframes (1–5 min, 15 min)

Swing Mode: Slower, smoother signals for holding trades longer (1h, 4h, daily)

Just select your preferred mode in the settings.

Signals Used in Analysis

This indicator uses a scoring system based on the following conditions:

• EMA Trend – Fast EMA above Slow EMA
  
• RSI Strength – RSI > 50 and rising
  
• Price Momentum – Close > Open
  
• Volume Spike – Volume exceeds average x multiplier
  
• MACD Histogram Rising
  
• Stochastic RSI – Above midpoint
  
• Bollinger Band Width Expansion
  
• Price Above VWAP
  
• ADX Strength – ADX > 20
  
• Price Above Fast EMA
  
• CCI Overbought (> 100)
  
• OBV Slope Positive
  
• Breakout Above 15-bar High / Avoiding Breakdown Below 15-bar Low
  
• Positive EMA Slope
  

Each condition adds or subtracts points depending on strength. The total is normalized to give a bullish vs. bearish probability out of 100%.

How to Use It
1. Add the indicator to your chart

2. Watch the table:

• When UP % > 85%, conditions are highly bullish
  
• When DOWN % > 85%, strong bearish pressure
  

3. Use in confluence with price action, support/resistance, and your trading plan

4. Switch modes depending on your timeframe:

• Scalping: 1–15 min
  
• Swing: 1h, 4h, daily
  

2 saat önce

Sürüm Notları

Improved calculation logic for better probability accuracy. Minor code cleanup and optimization.