OPEN-SOURCE SCRIPT
Standard Deviation Percentage
This indicator plots Standard Deviation in Percentage. Standard deviation depicts how far is price from its mean.
By default it shows Standard Deviation Percentage for 10 periods.
While price will be moving away from mean, it will be printed in green, while price will retrace towards mean, it will be printed in red.
Currently, we have indicators available to print Standard Deviation but value of standard deviation depends upon value of underlying. This indicator will show deviation from mean in terms of percentage.
By default it shows Standard Deviation Percentage for 10 periods.
While price will be moving away from mean, it will be printed in green, while price will retrace towards mean, it will be printed in red.
Currently, we have indicators available to print Standard Deviation but value of standard deviation depends upon value of underlying. This indicator will show deviation from mean in terms of percentage.
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