RicardoSantos

Example: Monte Carlo Simulation

Experimental:

Example execution of Monte Carlo Simulation applied to the markets(this is my interpretation of the algo so inconsistencys may appear).

note:
  • the algorithm is very demanding so performance is limited.
Release Notes: added extra comments on the script, description to parameters..
Release Notes: removed the custom pseudo random generator function in favor of the new builtin random() function.
Release Notes: moved lines to builtin array, now supports depth up to 99
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.

Want to use this script on a chart?