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EQ - HPDR Bands

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HPDR Bands is a volatility-based multi-range envelope indicator designed to measure how far price deviates from its equilibrium (median) using dynamic statistical ranges.

The indicator combines concepts from:

  • Standard deviation analysis
  • Bollinger Bands
  • Fibonacci ratios
  • Mean reversion theory
  • Volatility mapping


The result is a layered probability structure around price that helps identify:

  • Overextended market conditions
  • Potential reversal zones
  • Trend continuation strength
  • Volatility compression/expansion
  • Liquidity sweep regions

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