StdDev Indicator
The StdDev Indicator is a powerful tool for traders using MetaTrader 4. This indicator calculates the standard deviation of price movements, helping traders identify market volatility and potential trading opportunities. By connecting the StdDev Indicator to their charts, traders can gain valuable insights into market trends and make informed decisions. The pros of using this indicator include its ability to highlight periods of high volatility and its simplicity in interpretation. However, it’s important to note that the StdDev Indicator may not be suitable for all trading strategies and can generate false signals during periods of low volatility. Overall, the StdDev Indicator is a valuable tool for traders looking to capitalize on market volatility.
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Description
Description
FAQ
- Can I download this indicator ‘StdDev Indicator’ for free?
- Yes, this indicator – StdDev 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 4 and developers
- Can I use StdDev Indicator on the mobile version of the trading platform MetaTrader 4?
- No, indicators can only be used on the web version of the trading platform MetaTrader 4.
Additional information
Additional information
| Platform | MetaTrader 4 |
|---|---|
| Format | ZIP |
| Price | Free |
| Safety | Safe |
| Type file | Indicator |
| Size | 265kB |
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