Standard Deviation Indicator
The Standard Deviation Indicator is a powerful tool for traders using MetaTrader 5. This indicator measures the volatility of an asset, helping traders identify potential price movements. By calculating the average price deviation from the mean, it provides valuable insights into market conditions. Traders can use this information to make informed decisions about entry and exit points, as well as to set stop-loss and take-profit levels. However, it’s important to note that the Standard Deviation Indicator is not foolproof and should be used in conjunction with other technical analysis tools. With its ability to gauge market volatility, this indicator is a valuable addition to any trader’s toolkit.
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Description
FAQ
- Can I download this indicator ‘Standard Deviation Indicator’ for free?
- Yes, this indicator – Standard Deviation Indicator, like other indicators presented on the site, is free, with the exception of those where there is a fee, they are available only on the official website of the developer
- Where does this Indicator come from?
- The Indicator, like others, is collected from the official website of trading platform MetaTrader 5 and developers
- Can I use Standard Deviation Indicator on the mobile version of the trading platform MetaTrader 5?
- No, indicators can only be used on the web version of the trading platform MetaTrader 5.
Additional information
| Platform | MetaTrader 5 |
|---|---|
| Format | ZIP |
| Price | Free |
| Safety | Safe |
| Type file | Indicator |
| Size | 265kB |
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