Robot catalog

StdDev - Indicator for MetaTrader 4

StdDev
TypeIndicators PlatformMT4 Version10 Date created24 June 2015 Date updated18 August 2017
Formatmq4 Size3.6Kb Downloads354 Rating
5 of 5
based on 32 rates

Indicator for MT4, which is used to measure market volatility. It reflects the value of the standard deviation of the price relative to the moving average. The smaller the standard deviation, the quieter the market, so the prices of bars are closer to the moving average, and vice versa.

As you know, the dynamics of the market consists of alternating of activity periods and periods of rest. Therefore, the indicator allows you to determine what to expect in the near future:

  • If the standard deviation is small - the market is at rest period, and a burst in activity is coming soon;
  • If the indicator data grows, there is a burst in market activity, which will soon be replaced by a state of rest.

Share

Most popular robots

bbma
MT4
Indicator
bbma
MBFX Timing
MT4
Indicator
MBFX Timing
MultiZigZag
MT4
Expert
MultiZigZag