FREQUENCY & VOLUME PROFILE
⚪ OVERVIEW
The Frequency and Volume Profile indicator plots a frequency or volume profile based on the visible bars on the chart, providing insights into price levels with significant trading activity.
⚪ USAGE
● Market Structure Analysis:
Identify key price levels where significant trading activity occurred, which can act as...
Probability Effort Scalper
Indicator is made of Two Basic Component
1. Probability Distribution Filter
2. Cumulative Effort Volumes
What is a Probability Distribution Filter ?
A filter which segregate the outcomes of any experiment into binary score of momentum based probabilities, so the filter is actually acting as a classifier to classify the probability...
![BANKNIFTY1!: Probability Effort Scalper [PES]](https://s3.tradingview.com/b/BT7vNSF8_mid.png "Probability Effort Scalper [PES]")
