Robot catalog

Standard_Deviation_Channels - Indicator for MetaTrader 4

Standard_Deviation_Channels
TypeIndicators PlatformMT4 Version10 Date created25 October 2015 Date updated 7 August 2017
Formatmq4 Size2.6Kb Downloads408 Rating
4.1 of 5
based on 84 rates

The indicator builds a standard deviations channel, starting from the trend of linear regression. This channel is an ordinary trend line connecting two points on the price chart by the least squares method.

In general, the Standard Deviation Channel is one of the simplest technical tools that shows consistently accurate performing at all periods. In addition, the indicator works equally well on all currency pairs.

Share

Most popular robots

bbma
MT4
Indicator
bbma
Trading Robot
MT4
Indicator
VWAP
MBFX Timing
MT4
Indicator
MBFX Timing