PROTECTED SOURCE SCRIPT
Probability Horizon
The HAP Circle Trend – Probability Cloud indicator combines a circle-based trend analysis with a Gaussian probability cloud to visualize potential future price movement.
Circle Logic: Past price action is projected in a circular form using sin/cos calculations, normalized with ATR to reflect price momentum.
Gaussian Correction: A bell curve is applied to smooth out volatility and highlight areas of high probability.
Future Projection Cloud: The overlay shows projected future prices as a color-coded cloud. Colors indicate the probability of trend continuation:
Red → High probability of upward movement
Green → High probability of downward movement
Yellow → Neutral / uncertain zone
The brighter the color, the stronger the probability. This allows traders to visually anticipate potential trends before they happen.
All parameters, including lookback, ATR, future bars, radius, and colors, are adjustable for each stock.
This indicator is designed to forecast potential price direction based on historical structure, volatility, and momentum, giving a dynamic, intuitive, and visual representation of likely future moves.
Circle Logic: Past price action is projected in a circular form using sin/cos calculations, normalized with ATR to reflect price momentum.
Gaussian Correction: A bell curve is applied to smooth out volatility and highlight areas of high probability.
Future Projection Cloud: The overlay shows projected future prices as a color-coded cloud. Colors indicate the probability of trend continuation:
Red → High probability of upward movement
Green → High probability of downward movement
Yellow → Neutral / uncertain zone
The brighter the color, the stronger the probability. This allows traders to visually anticipate potential trends before they happen.
All parameters, including lookback, ATR, future bars, radius, and colors, are adjustable for each stock.
This indicator is designed to forecast potential price direction based on historical structure, volatility, and momentum, giving a dynamic, intuitive, and visual representation of likely future moves.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.