Arbitrage Level (Advance) — Indicator by aixguru

trendanalysis volatility volumestudies arbitrage level bands tick

This version of level is designed for stocks that have not existed long enough to qualify for our standard arbitrage level formula.

It also can be used on shorter time periods to show entries for day trades or swing trades.

Enjoy

Release Notes:

added new functionality to track probability as well

Release Notes:

show 2 bands at once

Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact aixguru for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Community Scripts.

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.

Author's instructions

Know where probability runs out for a trend and it's terminal velocity at the same time

Want to use this script on a chart?

Warning: please read before requesting access.