Luigi Amoresano / Vendedor

This is a predictive indicator ( leading indicator ) that uses Bayes' formula to calculate the conditional probability of price increases given the angular coefficient. The indicator calculates the angular coefficient and its regression and uses it to predict prices. Bayes' theorem is a fundamental result of probability theory and is used to calculate the probability of a cause causing the verified event. In other words, for our indicator, Bayes' theorem is used to calculate the conditional pr