How can we identify current volatility? What distance should we set a stop loss from the market entry point and the price mean value? Is the market flat right now? All those questions can be answered by the Standard deviation indicator. Find out more about the Standard deviation indicator and how it’s used in trend strategies that combine it with other technical indicators.
What is a Standard Deviation Index?
Standard deviation was an idea borrowed from descriptive statistics which is a part of mathematical analysis. Trading uses it. The standard deviation is an indicator of the data average deviation value compared… Read full author’s opinion and review in blog of #LiteFinance
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