Standard Deviation 2 Colors

Category: Indicators By: bolsatrilera Created: February 17, 2017, 10:17 AM
February 17, 2017, 10:17 AM
Indicators
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Prorealtime adaptation of the Standard Deviation 2 Colors indicator appeared on the Tradingview platform.

It shows the standard deviation of a period (default 20, although it is configurable) in the form of histogram to which we can add 2 colors, one for the increase of the deviation and another for its decrease.

 

REM STANDARD DEVIATION 2 COLORS
//publicado en la plataforma Tradingview por Polar Solar
//adaptación para la plataforma Prorealtime
//periodo=20 por defecto

stdev=STD[periodo](close)

if stdev < stdev[1] then
color=-1
else
if stdev > stdev[1] then
color=1
endif
endif


RETURN stdev COLOURED by color STYLE (histogram)as "standar desviation 2 colors"

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Filename: Std-deviations-2-colors.itf
Downloads: 120
bolsatrilera Master
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