The TPI (Trend Probability Indicator) tells you if the trend of an asset-class or commodity is bearish or bullish.
It has values that range from -1 to +1, where -1 is bearish, and +1 is bullish.
Values between -0.2 - 0.2 are neutral, and we expect market to be ranging and mean reverting at that TPI score.
The TPI works on all timeframes above the 4H timeframe....
The Trend Probability Indicator (TPI) is a powerful tool utilized in modern portfolio theory to assess whether a market is experiencing a bullish or bearish trend. By integrating multiple systems, including machine learning algorithms, the TPI provides valuable insights into market conditions and helps investors make informed decisions.
The TPI integrates...