Moving Average with Std Deviations

أول أمس

Use this script to do multiple things.

1) If the pricing is extended (close to 2nd and 3rd deviation) on Day chart
2) On intraday chart the extension is identified too the same way as above.
3) If you are Long and the price is dropping and is crossing 1 and 2nd deviation. Get out. This should be your drop dead stop loss.

Hope this helps.

Thanks.