Home / Forex MetaTrader Trading Indicators / Standard Deviation Channels MT4 Trading Indicator

Standard Deviation Channels MT4 Trading Indicator

Forex Standard Deviation Channels MQ4 Trading Indicator – The Standard Deviation Channel is plotted on the basis of the Linear Regression Trend, representing a usual trendline drawn between two points on the price chart using the method of least squares.

Standard deviation channels are plotted at a set number of standard deviations around a linear regression line. They can be usefully applied to swing trading (as well as for detecting changes in momentum).

Visually identify a stable trend on the chart and fit standard deviation channels by dragging your mouse over the selected time period.


READ  Forex Bollinger Bands Trading with BB Support Up MT4 Indicator

Leave a Reply

Your email address will not be published. Required fields are marked *