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Gain probability index

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Gain probability index

Postby Apprentice » Mon May 15, 2017 4:33 pm

GBPUSD m1 (05-15-2017 2138).png


As described in article Gain Probability Index by Mike B. Siroky, MD ,
June 2017 edition of the S & C magazine
GPI = 100 * [(number up bars) / (number up bars + number down bars)]

Gain probability index.lua
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Payoff odds

Postby Apprentice » Mon May 15, 2017 5:01 pm

GBPUSD H1 (05-15-2017 2232).png

As described in article Gain Probability Index by Mike B. Siroky, MD ,
June 2017 edition of the S & C magazine
Payoff odds = [UP/DN] * [d/u]

UP = sum of up price changes and
u = number of up bars.
DN = sum of down price changes and
d = number of down bars.
Payoff odds.lua
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Posts: 15376
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia


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