Standard Deviation Advanced — Indicator by PolarSolar

Simple original version by stefan1234
Modifed by PolarSolar:
- add two color columns instead one color line
- add different color for columns below flat level or above strong move level
- add bar colors as histogram colors (can on/off)

You must set levels manually for each timeframe and each ticker!!! Typical ratio flat:strong is a 1:10

Works as Wiliams VixFix. Best use - intraday or swing with Bollinger Bands

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.

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