Standard Deviation Moves for Amibroker (AFL)
Mikeymikey about 15 years ago Amibroker (AFL)
This simple formula will tell you how many deviation a stock has moved.
Based on statistical distribution prices should fall between 1 and -1 68% of the time.
Indicator / Formula
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stmove=(C-MA(C,20))/StDev(C,20);
Plot(stmove,"Standard Deviation Move",colorBlue,styleHistogram);
Plot(1,"",colorRed,styleLine);
Plot(-1,"",colorRed,styleLine);0 comments
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