Tutorial 31

The 'Odds' indicator

This tutorial will cover how to use the 'Odds' indicator.

 

 

 


Add the 'Odds' indicator to your chart.



This indicator calculates the odds.

•The higher and brighter the blue goes, the greatest the odds are of going up (bullish).
•The lower and brighter the red goes, the greatest the odds are of going down (bearish).




3 different styles are available. 'Percent' is the default style.


You may also set it to the 'Density' style.


Or use the 'Graph' style.


You may see all 3 styles by adding the 'Odds' indicator 3 times unto your chart, and use a different style for each.




Alerts


Check 'Alert Odds (BarEnd)'.


From the 'Odds' indicator title, select 'More' options (3 dots icon) and then 'Add alert on Odds.'


Conditions: Odds + 'Any alert() function call' to use the alert coded within the indicator. Choose an expiration date and the alert actions. Name the alert. And hit 'Create'.




'Odds' complements the 'Probability' indicator. They work great together.


Add more indicators from our suite to your chart, such as 'Performance' and 'Compare Forex'.


Create your preferred layout and combination of indicators.





Next, we'll look at another indicator of the suite.








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Welcome!
Introduction

Tutorial 1:
TradingView username

Tutorial 2:
TradingView overview.

Tutorial 3:
Chart Set-up and Layout tutorial.

Tutorial 4:
Adding the trading template and indicators tutorial.

Tutorial 5:
Setting up your chart as seen in the video tutorial.

Tutorial 6:
Template tutorial.

Tutorial 7:
Template strategies tutorial.

Tutorial 8:
Paint Bar tutorial.

Tutorial 9:
Waves tutorial.

Tutorial 10:
Cloud tutorial.

Tutorial 11:
Background Color tutorial.

Tutorial 12:
Stop Loss tutorial.

Tutorial 13:
Steepness Background tutorial.

Tutorial 14:
Steepness tutorial.

Tutorial 15:
Phase tutorial.

Tutorial 16:
Intensity tutorial.

Tutorial 17:
Template Alerts tutorial.

Tutorial 18:
Several indicators acting together tutorial.

Tutorial 19:
Tops and Bottoms indicator tutorial.

Tutorial 20:
Angle indicator tutorial.

Tutorial 21:
Bear & Bull Powers indicator tutorial.

Tutorial 22:
Histogram indicator tutorial.

Tutorial 23:
Strength indicator tutorial.

Tutorial 24:
Volatility indicator tutorial.

Tutorial 25:
Trends tutorial.

Tutorial 26:
Technicals indicator tutorial.

Tutorial 27:
Energy indicator tutorial.

Tutorial 28:
Chain indicator tutorial.

Tutorial 29:
Trading tutorial.

Tutorial 30:
Probability tutorial.


Tutorial 31:
Odds tutorial.

Tutorial 32:
Volume tutorial.

Tutorial 33:
Multi Time Frame tutorial.

Tutorial 34:
Multi Renko tutorial.

Tutorial 35:
Compare Forex tutorial.

Tutorial 36:
Forex Board tutorial.

Tutorial 37:
Forex Strategy tutorial.

Tutorial 38:
Compare Crypto tutorial.

Tutorial 39:
Crypto Board tutorial.

Tutorial 40:
Crypto Strategy tutorial.

Tutorial 41:
Compare Stocks tutorial.

Tutorial 42:
Stocks Board tutorial.

Tutorial 43:
Trend lines drawing tutorial.

Tutorial 44:
Renko chart tutorial.

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