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Random Walk Simulation

Understanding the Random Walk Simulation
This indicator randomly generates alternative price outcomes derived from the price movements of the underlying security. Monte Carlo methods rely on repeated random sampling to create a data set that has the same characteristics as the sample source, representing examples of alternate outcomes. The data set created using random sampling is called a “random walk”.
First, every bar in the time stamp is measured and put into a logarithmic population. Then, a sample is drawn at random from the population and is used to determine the next price movement of the random walk. This process is repeated fifteen times to visualise whether the alternative outcomes lie above or beneath the current market price of the security.
Random Walk Utility
The random walk generator allows users of the Monte Carlo to further understand how the Monte Carlo projection is generated by creating a visual representation of individual random walks. Trends that occur on the random walks may correlate to the historical price action of the underlying security.
You can find the Monte Carlo Simulator here:
Input Values
Select the “Format”, button located next to the indicator label to adjust the input values and the style.
The Random Walk indicator only has one user-defined input value that can be changed.
The Random_Variable randomises a set of random walks. If this variable is changed, it will run a fresh set of 15 random walks which will result in a slightly different outcome.
Adding the indicator to your chart multiple times using many different random variables will allow you to achieve a more accurate reading. Ideally, the Monte Carlo Simulator takes an average of these to be interpreted.

For more information on this indicator, the full PDF can be found here: kenzing.com/product/random-walks/
This indicator randomly generates alternative price outcomes derived from the price movements of the underlying security. Monte Carlo methods rely on repeated random sampling to create a data set that has the same characteristics as the sample source, representing examples of alternate outcomes. The data set created using random sampling is called a “random walk”.
First, every bar in the time stamp is measured and put into a logarithmic population. Then, a sample is drawn at random from the population and is used to determine the next price movement of the random walk. This process is repeated fifteen times to visualise whether the alternative outcomes lie above or beneath the current market price of the security.
Random Walk Utility
The random walk generator allows users of the Monte Carlo to further understand how the Monte Carlo projection is generated by creating a visual representation of individual random walks. Trends that occur on the random walks may correlate to the historical price action of the underlying security.
You can find the Monte Carlo Simulator here:

Input Values
Select the “Format”, button located next to the indicator label to adjust the input values and the style.
The Random Walk indicator only has one user-defined input value that can be changed.
The Random_Variable randomises a set of random walks. If this variable is changed, it will run a fresh set of 15 random walks which will result in a slightly different outcome.
Adding the indicator to your chart multiple times using many different random variables will allow you to achieve a more accurate reading. Ideally, the Monte Carlo Simulator takes an average of these to be interpreted.
For more information on this indicator, the full PDF can be found here: kenzing.com/product/random-walks/
僅限邀請腳本
只有經作者授權的使用者才能訪問此腳本,且通常需付費。您可以將此腳本加入收藏,但需先向作者申請並獲得許可後才能使用 — 點擊此處了解更多。如需更多詳情,請依照作者說明或直接聯繫GrantPeace。
除非您完全信任其作者並了解腳本的工作原理,否則TradingView不建議您付費或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
提醒:在請求訪問權限之前,請閱讀僅限邀請腳本指南。
Kenzing trading indicators for TradingView perform advanced real-time analysis of stock price trends and display alerts that are easy for the average Trader to interpret.
kenzing.com
kenzing.com
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
僅限邀請腳本
只有經作者授權的使用者才能訪問此腳本,且通常需付費。您可以將此腳本加入收藏,但需先向作者申請並獲得許可後才能使用 — 點擊此處了解更多。如需更多詳情,請依照作者說明或直接聯繫GrantPeace。
除非您完全信任其作者並了解腳本的工作原理,否則TradingView不建議您付費或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
提醒:在請求訪問權限之前,請閱讀僅限邀請腳本指南。
Kenzing trading indicators for TradingView perform advanced real-time analysis of stock price trends and display alerts that are easy for the average Trader to interpret.
kenzing.com
kenzing.com
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。