### Zig Zag Probability

Posted:

**Mon Sep 04, 2017 1:26 pm**Hello,

Is it possible to create an indicator as follows?

Using the Zig Zag indicator to determine the Average then Standard Deviation for 1) N amount of days (or any other time frame) of a hi/low - where N is a user input number - and 2) the number of pips gained over that same period.

Once you have a the time (days) and distance (pips). . . use the average and standard deviation to create a probability bubble on the screen.

I've added a picture of what I imagine the final result would look like. The bubble would only need to include 3 standard deviation spheres.

Thanks!

Is it possible to create an indicator as follows?

Using the Zig Zag indicator to determine the Average then Standard Deviation for 1) N amount of days (or any other time frame) of a hi/low - where N is a user input number - and 2) the number of pips gained over that same period.

Once you have a the time (days) and distance (pips). . . use the average and standard deviation to create a probability bubble on the screen.

I've added a picture of what I imagine the final result would look like. The bubble would only need to include 3 standard deviation spheres.

Thanks!