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The Directional Probability Index — Estimating the Direction of the Market.

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The Directional Probability Index — Estimating the Direction of the Market.

Creating a Simple Measure that Shows the Next Likely Direction.

Sofien Kaabar, CFA
Nov 20, 2021
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The Directional Probability Index — Estimating the Direction of the Market.

abouttrading.substack.com

This article discusses a simple indicator used to detect the current regime and to give contrarian signals. It is important to understand how to use indicators and how they are calculated in order to tweak them and know their limitations.

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