How to use Max Pain Deviation to predict the direction of Breakout

Maxpain Deviation is a compression scanner.

But unlike other compression scanners, It not only searches for the stocks which are about to break out or break down, but it also makes a probabilistic bet on the direction!

Prerequisites:

Before We discuss Maxpain Deviation, it is important You have a proper understanding of Underlying theories -

Now, Checkout the metrics from the Open Interest Dashboard.

You will not find this interpretation of max pain theory and this analysis anywhere else. This is proprietary.

All of these tools, theories have been possible because of a strong community made by like you only. However, The next part gets more complicated. Let’s discuss the theory straight with a past example and a live example -

Here goes the Tradingview link of the trade as well.