Originally Posted by jerzhere

This site may be the same as the excel file: Risk Probability Calculator

It seems to me that having an indicator that gives the risk/probability of the trade along with other indicators, MA, RSI, etc... could be of great use. One could use the standard indicators to get the trade signal and then use the calculator determine if there is a high probability that the trade will make the minimum expected pips.

Seems like this would be a great tool to have...