Probability Daily High/Low [Dova Lazarus]

Key Features:

✅ PDH/PDL (Previous Daily High/Low) – Displays the previous day's high and low.
✅ Open Level – Marks the current day's opening price.
✅ Opposite Move Levels – Plots probability-based price movement levels in both directions.
✅ Customizable Styling – Allows users to adjust line colors, styles, and font sizes.
✅ Supports Multiple Assets – Predefined probabilities for EUR/USD, with the option to add data for other instruments.

How It Works:

📌 Identifies the previous day's high, low, and open price.
📌 Calculates the percentage position of the open price relative to the prior day's range.
📌 Retrieves the corresponding probability of reaching the high/low from a 20-year historical dataset.
📌 Plots lines on the chart with probability labels.

This indicator helps traders assess the likelihood of price movements beyond previous extremes and integrate probability-based decision-making into their trading strategies. 🎯