OPEN-SOURCE SCRIPT
HPDR Bands with projection

HPDR: Historical Price Delta Range
What is it? The HPDR indicator measures how much an asset’s price typically changes over a specific timeframe. It looks at historical price movements ("deltas") and organizes them into percentiles. These are then plotted on your chart as a median line surrounded by statistical bands.
This tool helps you understand an asset’s unique character and its typical price deviations.
Because the median is in this context a statistically relative stable value(if you add 7 values to 1000 it doesn't change much), it allows for high-probability projections of the future median.
For a clearer understanding of the indicator's logic, try setting the Range to 7 and the Offset to -7.
The 50% percentile Band signifies that in 50% of all bars, the price remained within this statistical range.
What is it? The HPDR indicator measures how much an asset’s price typically changes over a specific timeframe. It looks at historical price movements ("deltas") and organizes them into percentiles. These are then plotted on your chart as a median line surrounded by statistical bands.
This tool helps you understand an asset’s unique character and its typical price deviations.
Because the median is in this context a statistically relative stable value(if you add 7 values to 1000 it doesn't change much), it allows for high-probability projections of the future median.
For a clearer understanding of the indicator's logic, try setting the Range to 7 and the Offset to -7.
The 50% percentile Band signifies that in 50% of all bars, the price remained within this statistical range.
開源腳本
秉持TradingView一貫精神,這個腳本的創作者將其設為開源,以便交易者檢視並驗證其功能。向作者致敬!您可以免費使用此腳本,但請注意,重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
開源腳本
秉持TradingView一貫精神,這個腳本的創作者將其設為開源,以便交易者檢視並驗證其功能。向作者致敬!您可以免費使用此腳本,但請注意,重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。