In the note it says
For example, in Fig 1 we see that the <k> for the end-of-the bar with specified input parameters is 0.0002 = 2 pips. While the probability that the zone will be cleared within specified h_right is 85%, the probability that the price will reach within 6 pips if it is not cleared (3*<k>=3*2 pips) to clearing it is 99.3197% !
Where can I find specified parameter 0.0002 in Fig 1? (I'm only trying to understand this, no offense)
Thanks
J
For example, in Fig 1 we see that the <k> for the end-of-the bar with specified input parameters is 0.0002 = 2 pips. While the probability that the zone will be cleared within specified h_right is 85%, the probability that the price will reach within 6 pips if it is not cleared (3*<k>=3*2 pips) to clearing it is 99.3197% !
Where can I find specified parameter 0.0002 in Fig 1? (I'm only trying to understand this, no offense)
Thanks
J