Reversal Trap Probability Bands is a self-learning reversal detection tool built around a volatility-adaptive price envelope. Instead of just flagging every touch of the outer bands, it specifically looks for "fakeout" traps — situations where price pushes beyond the envelope, fails to hold, and reverses back inside — which are often higher-probability turning points than a simple band touch.

What makes this indicator different is its built-in statistics engine. Every time a trap signal fires, the indicator classifies it by market condition and silently tracks whether that type of setup went on to reach its target or got stopped out. Over time, it builds a live probability score for each condition and displays that win rate directly on the chart the next time a similar setup appears — so you're not just seeing a signal, you're seeing how similar signals have historically performed on that exact instrument and timeframe.

For every trap it detects, the indicator plots:

• A directional signal marking the reversal
• A projected target level
• A protective stop level
• A live win-probability readout for that type of setup

As price plays out, the indicator automatically tracks whether the target or stop was hit first, updates its internal database, and refines future probability readings — turning the chart into an evolving record of how reliable these reversal traps have actually been.

It's designed for traders who want reversal signals backed by evidence rather than a static formula — ideal for fading exhaustion moves, catching stop-hunts, and timing entries around volatility extremes across any market and timeframe.