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BlueCapitalTrading
4 sie 2021 01:47

STDev % by Alejandro P 

Bitcoin Perpetual FuturesFTX

Opis

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.

Informacje o Wersji

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.

Informacje o Wersji

Improved inputs and changed default settings.

Added clarity to Percentile Ranking inputs via tooltips.

Informacje o Wersji

Updated to V5
Komentarze
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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