Deviation Bands

٨ يناير ٢٠٢٢

This indicator plots the 1, 2 and 3 standard deviations from the mean as bands of color (hot and cold). Useful in identifying likely points of mean reversion.
Default mean is WMA 200 but can be SMA, EMA, VWMA, and VAWMA.
Calculating the standard deviation is done by first cleaning the data of outliers (configurable).

٢٢ سبتمبر ٢٠٢٢

ملاحظات الأخبار

Adds the option to use the selected source as the mean value. This allows for any indicator to become the mean but forces the deviation calculation to use HLC3.

٣ نوفمبر ٢٠٢٢

ملاحظات الأخبار

Fixed inverse sign flaw. Added comments.

٣ نوفمبر ٢٠٢٢

ملاحظات الأخبار

Improved order of plotting to make it more obvious which values are shown on the indicator and makes it easier to specify alert levels.

٣ نوفمبر ٢٠٢٢

ملاحظات الأخبار

Added color gradient option.

٣ نوفمبر ٢٠٢٢

ملاحظات الأخبار

Converted bias to a configurable feature instead of always including it. Probably not useful for most cases.

٣٠ نوفمبر ٢٠٢٢

ملاحظات الأخبار

Fixed color scheme to use subtle gradients by default but maintained edges where it made more sense.
This also makes color customization much easier.

٢٤ ديسمبر ٢٠٢٢

ملاحظات الأخبار

Much improved flexibility to specify minutes or days instead of just bars for any length in the calculation.
Configuration screen is more streamlined.