PROTECTED SOURCE SCRIPT
HAP Circle Trend
The HAP Probability Circle is a predictive overlay indicator designed to provide traders with a visual representation of potential price movement and market trends, without exposing the underlying calculation or proprietary formula. This innovative tool estimates future price direction using a unique probability model that integrates momentum and market sentiment indicators.
Key Features:
Probability Circle Visualization:
The indicator shows whether price is in a likely consolidation/downtrend area or a potential bullish zone.
Candlesticks within the circle suggest higher probability of sideways or downward movement.
Candlesticks outside the circle indicate a higher likelihood of bullish movement.
Projection Lines for Future Price:
Upper and lower projection lines provide visual cues for potential price ranges.
Price near or above the upper line signals bullish momentum and potential price targets.
Price inside or below the projection lines signals consolidation or bearish pressure.
Momentum & Market Sentiment Integration:
Momentum acts as fuel for predicted trend direction.
Market sentiment indicators reflect underlying fear or confidence.
The combination produces a probabilistic view of potential price movement.
Visual Signals:
Color-coded overlays indicate trend probability and strength:
Bright green → strong bullish probability
Faded green → moderate bullish probability
Bright red → strong bearish probability
Faded red → moderate bearish probability
Dynamic Upper Boundary:
The upper projection line represents a potential peak price level, helping traders identify likely target zones.
Purpose:
The HAP Probability Circle helps traders anticipate potential future price movements in an intuitive, visually accessible way. All calculation methods are proprietary and confidential, ensuring the unique predictive power of this indicator remains protected.
Key Features:
Probability Circle Visualization:
The indicator shows whether price is in a likely consolidation/downtrend area or a potential bullish zone.
Candlesticks within the circle suggest higher probability of sideways or downward movement.
Candlesticks outside the circle indicate a higher likelihood of bullish movement.
Projection Lines for Future Price:
Upper and lower projection lines provide visual cues for potential price ranges.
Price near or above the upper line signals bullish momentum and potential price targets.
Price inside or below the projection lines signals consolidation or bearish pressure.
Momentum & Market Sentiment Integration:
Momentum acts as fuel for predicted trend direction.
Market sentiment indicators reflect underlying fear or confidence.
The combination produces a probabilistic view of potential price movement.
Visual Signals:
Color-coded overlays indicate trend probability and strength:
Bright green → strong bullish probability
Faded green → moderate bullish probability
Bright red → strong bearish probability
Faded red → moderate bearish probability
Dynamic Upper Boundary:
The upper projection line represents a potential peak price level, helping traders identify likely target zones.
Purpose:
The HAP Probability Circle helps traders anticipate potential future price movements in an intuitive, visually accessible way. All calculation methods are proprietary and confidential, ensuring the unique predictive power of this indicator remains protected.
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.