Based on the probabilities indicator, the probability of closing the year above 5295 is 70% based on price data from the last 10 years. To get to use the correct number of years of historical data I pick the period where the green line is close to 68% (the probability of staying within bounds).
Comment:
I have updated the indicator and now the probability of closing the year above 5378 is 63.23%.
Trade closed: target reached:
target reached