Standard Diviation
- Indicators
- Frank Paetsch
- Version: 1.0
- Activations: 5
Indicator for manual trading.
How to use:
Open positions on STDV 1 or 2.
Take Profit is the centerline.
How it works:
The trading strategy is based on the statistic, which shows that almost 70% of the price movement is within the STDV 1
and 95% between STDV 2 and 99% between STDV 3.
The price swings around the midline, and when it reaches STDV 1, it has a 70% chance of going back to the midline.