This Normal Distribution Curve is designed to overlay a simple normal distribution curve on top of any TradingView indicator. This curve represents a probability distribution for a given dataset and can be used to gain insights into the likelihood of various data levels occurring within a specified range, providing traders and investors with a clear visualization...
Script which plots the % change from the open and overlays the 1, 1.5, 2 & 3% levels on the chart.
The bell curve offers a quantifiable clue to the persistent percentages the price moves in the fx market. A simple histogram will convey the %change in bins
this indicator just reflects that with levels on the chart.
Can be an aide for intraday or longer term...
The Curve by Atilla Yurtseven
This indicator uses real empirical rule (68 - 95 - 99.7 rule). This is not a Bollinger Band indicator. I know BB is a very good indicator however it's unreliable.
First of all, I believe that price is not in a normal distribution. When you plot the histogram, you can not see a nice bell curved shape. It's know that bollinger bands...
