The historic Market Probability indicator shows the cumulative
number of times the market in question has settled higher, lower, or the same on a specific date compared to the previous trading day's settlement price.
For example, if you are looking at a five year market probability
indicator with a reading of +1, then the market in question may have historically settled higher three times and lower two times on this trading day than the previous trading day, or settled higher twice, lower once, and the same twice. The +1 reading is derived by subtracting the number of negative settlements from positive settlements, resulting in a net number of positive (+) or (-) settlements. In other words, the +1 reading in these examples would be indicative of a market which has settled higher one more time than it has settled lower. If the market settled at the same price as the previous day, the total is not changed.