fxcodebase-backup
Gain probability index
Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=64656
Forum: 17 · Topic 64656 · 2 post(s)
Gain probability index
Apprentice · Mon May 15, 2017 4:33 pm
As described in article Gain Probability Index by Mike B. Siroky, MD , June 2017 edition of the S & C magazine GPI = 100 * [(number up bars) / (number up bars + number down bars)]
The indicator was revised and updated
Payoff odds
Apprentice · Mon May 15, 2017 5:01 pm
As described in article Gain Probability Index by Mike B. Siroky, MD , June 2017 edition of the S & C magazine Payoff odds = [UP/DN] * [d/u]
UP = sum of up price changes and u = number of up bars. DN = sum of down price changes and d = number of down bars.