PROTECTED SOURCE SCRIPT
Updated Timbuktu V - Next Candle Probability
This indicator calculates the probability that the next candle
will be bullish or bearish by integrating multiple technical
and market flow factors:
• Trend (EMA + ADX)
• Relative volume
•Order Flow (proxy)
• Accumulated pressure
• Detection of FVG (Fair Value Gaps)
The result is presented as a probabilistic bias in real time,
with clear visualization on the chart:
• Green/red arrows for FVG
• Bullish and bearish probability lines
• Background shading according to the dominant bias
• Label on the last bar with percentages and total score
This script does not generate direct buy/sell signals,
but provides a quantitative reading of market bias,
useful as an additional filter to confirm setups,
evaluate entries, and strengthen risk management.
Configurable and flexible, it adapts to different assets
and trading styles.
will be bullish or bearish by integrating multiple technical
and market flow factors:
• Trend (EMA + ADX)
• Relative volume
•Order Flow (proxy)
• Accumulated pressure
• Detection of FVG (Fair Value Gaps)
The result is presented as a probabilistic bias in real time,
with clear visualization on the chart:
• Green/red arrows for FVG
• Bullish and bearish probability lines
• Background shading according to the dominant bias
• Label on the last bar with percentages and total score
This script does not generate direct buy/sell signals,
but provides a quantitative reading of market bias,
useful as an additional filter to confirm setups,
evaluate entries, and strengthen risk management.
Configurable and flexible, it adapts to different assets
and trading styles.
Release Notes
Texts in EnglishProtected 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.