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Standard Deviation Moves for Amibroker (AFL)
Rating:
5 / 5 (Votes 1)
Tags:
amibroker
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.
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Indicator / Formula
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1 2 3 4 5 | stmove=(C-MA(C,20))/StDev(C,20);Plot(stmove,"Standard Deviation Move",colorBlue,styleHistogram);Plot(1,"",colorRed,styleLine);Plot(-1,"",colorRed,styleLine); |
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