Standard Deviation of High/Low Indicator
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Introducing the Standard Deviation of High/Low Indicator, a powerful tool for MetaTrader 5 that can revolutionize your trading strategy. This indicator calculates the standard deviation of the high and low prices over a specified period, providing valuable insights into market volatility. By understanding the fluctuations in price ranges, you can make more informed trading decisions. Connect this indicator to your MetaTrader 5 platform and unlock its potential. However, like any tool, it has its pros and cons. While it helps identify potential breakouts and reversals, it may generate false signals in ranging markets. Use it wisely and combine it with other indicators for optimal results.
Categories: MT5, MT5 Indicators
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Description
FAQ
- Can I download this indicator ‘Standard Deviation of High/Low Indicator’ for free?
- Yes, this indicator – Standard Deviation of High/Low 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 of High/Low 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 |
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Format | ZIP |
Price | Free |
Safety | Safe |
Type file | Indicator |
Size | 266kB |
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