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BlueCapitalTrading
4 Th08 2021 01:47

STDev % by Alejandro P 

Bitcoin Perpetual FuturesFTX

Mô tả

This is a simple indicator that expands the usability of Standard deviation into a universally usable indicator.

This indicator displays the volatility as standard deviation as a % of asset value, this allows using more standardized and comparable values across multiple instruments and asset classes.

Phát hành các Ghi chú

Added revision numbers for tracking version in chart easily.

Added Calculation Method options as suggested by commenter.
Now you can choose using STdev / Close or STdev / SMA(Close) for the period inputed

Added Relative Percentile Values option which transforms the indicator from an absolute value measure to a percentile based measure so it can be more easily compared across vastly different assets.

Phát hành các Ghi chú

Improved inputs and changed default settings.

Added clarity to Percentile Ranking inputs via tooltips.

Phát hành các Ghi chú

Updated to V5
Bình luận
BlueCapitalTrading
Hi DojiEmoji. That calculation looks correct! Do you use StdDev or Coefficient of Variation in your trading?
DojiEmoji
Interesting way to apply stdevs. Alternatively, I think the coefficient of variation (i.e. CV = std(close,14) divided by sma(close,14)) also works.
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