This overlay indicator marks ICT liquidity void fills on the price chart and can show long and short signals. It places a Fibonacci level inside a displacement candle, defaulting to the midpoint, and draws lines in a chosen style. Optional filters limit the fi
Indicator · Pine Script v6 · On the chart
Monte Carlo Expected Move Distribution
Runs a Monte Carlo simulation and draws the expected price distribution ahead of the current bar on the price chart.
GitHub stars1on the repository
Pine versionv6current
Lines of code140
Settings7inputs
LicenceNone stated
Last update3 months ago14 Jul 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
Monte Carlo Expected Move Distribution measures log-return volatility over a lookback, optionally adds a drift term, and simulates a set number of random paths over a chosen projection length. The end prices are grouped into bins and drawn as a horizontal profile. Inputs set simulation count, projection length, volatility lookback, bins, colour and width. Output is a statistical estimate, not a forecast.
- Simulated price paths with Box-Muller random draws
- Optional trend drift
- Binned probability profile on the chart
- Adjustable simulations, length and bins
Details
Published by
tthanhvu002sgu on GitHub
Code credit
LuxAlgo, as written in the script's header
Type
Draws
On the price chart
Category
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Simulations | int | 200 | simCountInput |
| Projection Length | int | 30 | projLenInput |
| Volatility Lookback | int | 50 | volLookbackInput |
| Include Trend (Drift) | bool | true | driftInput |
| Price Bins | int | 25 | priceBinsInput |
| Distribution Color | color | color.new(#2196f3, 20) | distColorInput |
| Max Distribution Width | int | 20 | maxWidthInput |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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