RickSimpson

Standard Deviation Volatility Helper

Here is a simple Standard Deviation Line based on supply and demand that will help you to find expected move easily. 3 Standart Deviation merged line available. Number of days and adjustable length.
Release Notes: -Minor Improvements.
Release Notes: -Added "OBV/MACD" Moving Average. The MA change from blue color for a bullish trend to red for a bearish trend. You can choose between many MA source.
By default the "OBV/MACD" MA is hidden. Check the box "Show OBV/MACD Moving Average" in settings to see it.
Release Notes: -Bug fix.
Release Notes: -Removed OBV/MACD cause it was too many bugged and need improvement.
Release Notes: -Code cleaning and minor improvements.
Release Notes: -Minor improvement.
Release Notes: -Code cleaning.
Release Notes: -MA Smoothing fix.
-Removed option to show SD1, SD2 and SD3 since this option was not working. They are all enabled and merged by default.
-Minor improvements.
Release Notes: -Minor improvement.
Release Notes: -Fixed MA Smoothing bug.
-Code Cleaning.
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Want to use this script on a chart?

Comments

Fantastic work, Thanks a lot!!!!
+2 Reply
RickSimpson josean79
@josean79, Thanks you 🙏
+1 Reply
Awesome work...thumbs up
+1 Reply
RickSimpson trader_debottyam
@trader_debottyam, Thanks you! 😇
Reply
trader_debottyam RickSimpson
@RickSimpson, Welcome...kindly make an indicator on Demand and supply
Reply
if you can add a smoother to this, it would be amazing
+1 Reply
RickSimpson greyghost7
@greyghost7, Hello, there is already a smoother in it. Look at the STDEV MA Length setting.
Reply
greyghost7 RickSimpson
@RickSimpson, i've Tried that already, doesn't change anything in the indy.
Reply
RickSimpson greyghost7
@greyghost7, Ok thank you for noticing it. I will take a look into it very soon. I seem quite inactive lately but in reality I have been developing an indicator for 6 months and I am working on my website and my youtube channel in parallel. So that doesn't give me a lot of time to respond to comments and deal with minor bugs. However, I would take care of it very soon. Stay tuned to be informed of the rest;)
Reply
greyghost7 RickSimpson
@RickSimpson, not a problem, let me know !
+1 Reply