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Standard deviation of returns is a popular way to view how the return of one bar relates to history. By knowing that you can better understand the magnitude of any return. The signal is calculated by taking the prior periods returns, adjusting for volatility of the returns of the last twenty periods, and dividing by the standard deviation. It is displayed in a separate panel as a histogram
This simple indicator takes information from Ichimoku Kinko Hyo to establish strong and weak currencies to pair together for ideal trending situations. It also generates buy or sell signals based on the standard deviation of returns together with currency strength. A currency is said to be strong or weak depending on where the price is in relation to two factors: if the price is above the daily kumo and above the 26 day Kijun-sen, it is said to be strong. Likewise, when trading below the daily
The Green Dragon is a strategy that uses the Ichimoku Kinko Hyo system to place trades. The primary element of the Green Dragon is the use of the Chinkou Span as it crosses price action to place trades. This is a classic strategy of the Ichimoku even though its not as popular as some of the other strategies. The Chinkou Span is normally thought of as a market momentum indicator and used to give a trade set up more conviction when analyzing price movement. I find this description somewhat vague
