OPEN-SOURCE SCRIPT
Standard Deviation Refurbished

█ Standard Deviation Refurbished
This is an indicator that serves to show the standard deviation in a more improved and less trivial form.
Basically, I put the option to normalize the indicator in a range of 0 to 100.
I also put 10 moving averages of standard deviation.
In the graphic part was placed the choice of themes.
Gratitude to the author 'The_Caretaker' by the themes 'Spectrum Blue-Green-Red' and 'Spectrum Blue-Red'.
█ Concepts
"Standard Deviation is a way to measure price volatility by relating a price range to its moving average. The higher the value of the indicator, the wider the spread between price and its moving average, the more volatile the instrument and the more dispersed the price bars become. The lower the value of the indicator, the smaller the spread between price and its moving average, the less volatile the instrument and the closer to each other the price bars become. Standard Deviation is used as part of other indicators such as Bollinger Bands. It is often used in combination with other signals and analysis techniques."
(TradingView)
This is an indicator that serves to show the standard deviation in a more improved and less trivial form.
Basically, I put the option to normalize the indicator in a range of 0 to 100.
I also put 10 moving averages of standard deviation.
In the graphic part was placed the choice of themes.
Gratitude to the author 'The_Caretaker' by the themes 'Spectrum Blue-Green-Red' and 'Spectrum Blue-Red'.
█ Concepts
"Standard Deviation is a way to measure price volatility by relating a price range to its moving average. The higher the value of the indicator, the wider the spread between price and its moving average, the more volatile the instrument and the more dispersed the price bars become. The lower the value of the indicator, the smaller the spread between price and its moving average, the less volatile the instrument and the closer to each other the price bars become. Standard Deviation is used as part of other indicators such as Bollinger Bands. It is often used in combination with other signals and analysis techniques."
(TradingView)
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
To contribute to my work:
⚡Bitcoin Lightning: forwardocean64@walletofsatoshi.com
🟠Bitcoin: bc1qv0j28wjsg6l8fdkphkmgfz4f55xpph893q0pdh
🔵PayPal: paypal.com/donate/?hosted_button_id=D9KRKY5HMSL9S
⚡Bitcoin Lightning: forwardocean64@walletofsatoshi.com
🟠Bitcoin: bc1qv0j28wjsg6l8fdkphkmgfz4f55xpph893q0pdh
🔵PayPal: paypal.com/donate/?hosted_button_id=D9KRKY5HMSL9S
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
To contribute to my work:
⚡Bitcoin Lightning: forwardocean64@walletofsatoshi.com
🟠Bitcoin: bc1qv0j28wjsg6l8fdkphkmgfz4f55xpph893q0pdh
🔵PayPal: paypal.com/donate/?hosted_button_id=D9KRKY5HMSL9S
⚡Bitcoin Lightning: forwardocean64@walletofsatoshi.com
🟠Bitcoin: bc1qv0j28wjsg6l8fdkphkmgfz4f55xpph893q0pdh
🔵PayPal: paypal.com/donate/?hosted_button_id=D9KRKY5HMSL9S
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.