Standard deviation indicator

How do we determine current volatility and trend strength? At which distance from the price mean value and market entry point should we place a stop loss? Is the market flat at the moment? The Standard deviation indicator can answer all those questions. Read on to find out how it works and how it is used in trend strategies combined with other indicators.

What Is a Standard Deviation Indicator

Trading borrowed the idea of standard deviation from descriptive statistics, which is a branch of mathematical analysis. The standard deviation is an indicator of the data average deviation value compared with… Read full author’s opinion and review in blog of #LiteForex