Moving average deviation rate

19 May 2017

Moving average deviation rate

Simple moving average deviation rate and standard deviation.

The bollinger band is momentum value standard devition.
Bat the bollinger band is not normal distribution to close price.

Moving average deviation rate is normal distribution.

This indicator is draw Moving average deviation rate and fill area 2σ standard devition.
If it exceeds 2σ, it is a trading opportunity.

移動平均かい離率と、２σのバンドです。
ボリンジャーバンドは移動量の標準偏差を描画しますが、終値はボリンジャーバンドに対して正規分布を描きません。
移動平均かい離率は、標準偏差に対して正規分布を示します。

かい離率２σを超えた場合、トレードチャンスです。

26 May 2023

Sürüm Notları

I've updated to the code you updated on the forum.
thank you @rendfirst(jp.tradingview.com/u/trendfirst/)

1) Added color when the rate crosses over the upper or lower boundaries. I find a bright color helps me spot the crossover better.
2) Changed the standard deviations from a fixed value of 2 to user input.
3) Converted to v5.