Multi-Timeframe SD Levels

Overview
This indicator automatically plots the 1 Standard Deviation (1SD) Expected Move levels for Daily, Weekly, and Monthly timeframes. Unlike standard volatility indicators that rely on lagged calculations, these levels are generated from external data models to provide precise horizontal support and resistance based on statistical probability.

Key Features

• Three Timeframes in One: View Daily, Weekly, and Monthly 1SD ranges simultaneously without switching charts.
  
  
• Probability-Based Levels: These lines represent the range where price is statistically expected to stay ~68% of the time.
  
  
• Clean Visuals: Optimized for "at-a-glance" analysis with no cluttered pane labels and ultra-thin lines to maintain chart clarity.
  
  
• Universal Ticker Support: Automatically detects the current symbol and pulls relevant data for over 700+ tickers (mainly SP500), including Equities, ETFs, and Crypto.
  

Color Logic

• 🟡 Yellow: Daily Expected Range (Low/High)
  
• 🔵 Blue: Weekly Expected Range (Low/High)
  
• 🟣 Purple: Monthly Expected Range (Low/High)
  

How to Use

1. Mean Reversion: Look for price exhaustion near the 1SD lines. When price pierces these levels, it is entering a "statistical outlier" zone, often leading to a reversion back toward the mean.
   
   
2. Risk Management: Use these levels to set realistic profit targets or to identify "danger zones" where you should avoid entering new directional trades.
   
   
3. Confluence: Great for pairing with RSI or Volume Profile. A 1SD level overlapping with a High Volume Node (HVN) creates a high-probability "Power Level."