OPEN-SOURCE SCRIPT
Probability Zone - Forex Kemang
Key Features:
✅ Multi-Zone Detection:
Fibonacci levels (bullish & bearish)
Supply/Demand zones (RBD & DBR patterns)
Support/Resistance (pivot points)
First Candle Box (H1 range, first 3 hours)
✅ Probability Box with Percentage:
BUY LINE (green) with the text "BUY X%" when the convergence zone supports buying
SELL LINE (red) with the text "SELL X%" when the convergence zone supports selling
Percentage 0-100% based on the number of zones that meet
✅ How it Works:
The indicator scans all zones (Fibonacci, S/D, S/R)
When multiple zones meet in the same area (the threshold can be adjusted)
Calculates BUY/SELL probability based on zone type
Creates boxes with percentage labels
✅ Customizable Settings:
Minimum Probability: Only displays zones with a probability ≥ X%
Zone Convergence Threshold: How close the zones should meet (0.1-2.0%)
Buy, Sell, and High Probability Zone Colors
✅ Info Table (top right):
Current Direction (Buy/Sell)
Current Price Probability
Number of Detected Zones
✅ Multi-Zone Detection:
Fibonacci levels (bullish & bearish)
Supply/Demand zones (RBD & DBR patterns)
Support/Resistance (pivot points)
First Candle Box (H1 range, first 3 hours)
✅ Probability Box with Percentage:
BUY LINE (green) with the text "BUY X%" when the convergence zone supports buying
SELL LINE (red) with the text "SELL X%" when the convergence zone supports selling
Percentage 0-100% based on the number of zones that meet
✅ How it Works:
The indicator scans all zones (Fibonacci, S/D, S/R)
When multiple zones meet in the same area (the threshold can be adjusted)
Calculates BUY/SELL probability based on zone type
Creates boxes with percentage labels
✅ Customizable Settings:
Minimum Probability: Only displays zones with a probability ≥ X%
Zone Convergence Threshold: How close the zones should meet (0.1-2.0%)
Buy, Sell, and High Probability Zone Colors
✅ Info Table (top right):
Current Direction (Buy/Sell)
Current Price Probability
Number of Detected Zones
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.