Function - Probability UDF — Indicator by RicardoSantos

oscillator function udf probability library educational

A user defined function library of probability focused functions.

Release Notes:

minor stuff: cdf comments, parameter naming.

Release Notes:

added error function and inverse error function.

Release Notes:

added function to calculate probability of state at step in a markov chain.

Release Notes:

added a diffusion matrix function.

Release Notes:

added Shannon's entropy and Gini impurity functions, minor modification.

Release Notes:

added Chebyshev Inequality functions

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

Want to use this script on a chart?