Enter the ADR (mean) and standard deviation.
Area above displays area above the current day range under the curve. Total area is total positive area of ADR under the curve.
Higher = % chance of current day range increasing
Over Ext = % chance you're running out of gas and are hitting support or resistance.
The only thing id like to have improved on this code, is the ability to find the High and Low of the session without having to load the strat/indicator before market open. So if mid day you load an AAPL chart, the code can automatically find the current day range. But i don't know how to code that. If someone does please feel free to make revisions and repost.
edit: fixed, it'll find the high and low at any time of day in current session, ty eDanny
This is a follow up to this post on finding over extensions of price
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