Reversal Trap Probability Bands is a volatility-adaptive indicator designed to identify high-probability reversal points by detecting "trap" fakeouts—instances where price moves beyond a dynamic volatility envelope but fails to sustain and reverses back inside. Unlike standard band indicators that signal on every outer band touch, this tool focuses on these specific reversal traps.

Key features include a self-learning statistics engine that classifies each trap by market condition and tracks its outcome (target hit or stop triggered). This ongoing analysis generates a live probability score for similar setups, displayed directly on the chart to inform decision-making based on historical performance for the current instrument and timeframe.

For each detected trap, the indicator plots:
- A directional reversal signal
- A projected target level
- A protective stop level
- A live win-probability readout for that setup type

The indicator continuously updates its internal database as price action unfolds, refining future probability estimates. It supports visualization and reversal, trend strength, and level break signals, operating on bar data across any market and timeframe. This tool is suited for traders seeking evidence-based reversal signals to time entries around volatility extremes and potential stop-hunt scenarios.