The Probability Of Expiring Cone study uses statistical data to forecast future prices with specified probability. It plots a standard deviation bell curve designating ranges within which prices are forecasted to stay for each following expiration Friday.

Input Parameters

Parameter Description
period The number of upcoming bars for which price action is forecasted.
prob range The probability with which price will stay within the calculated range.


Plot Description
UpProbExp The upper part of probability curve.
DownProbExp The lower part of probability curve.


*For illustrative purposes only. Not a recommendation of a specific security or investment strategy.