Simple original version by stefan1234 Modifed by PolarSolar: add two color columns instead one color line
Always check out StDev before open trade.
Comments
Seifer5
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Can you explain how this indicator times the market?
Seifer5
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I supposed that price could be due for a correction if it is way overstretched, for example, 3 or 4x deviation. But don't get me wrong. This indicator is great but, I don't know how to read it. How do I know whether price is of fair value or overbought?