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Standard Deviations

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The "Standard Deviations" indicator merges the principles of volume-weighted price movement and volatility measurement to provide traders with an advanced tool for analyzing market dynamics.

This indicator utilizes the Volume Weighted Moving Average (VWMA) to derive a more accurately weighted average price, taking into account both price changes and associated trading volume.


On this weighted average price, the indicator then applies a standard deviation calculation to gauge the level of price volatility.

Significant deviations from the VWMA may indicate market euphoria or panic, helping traders identify potentially favorable entry and exit points.


Feragatname

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