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MetaTrader 5 Indicator | StdDev_Cross

StdDev Cross indicator displays two lines of the Standard deviation with different parameters and sets signal pointers at the intersection of these lines.

There are five inputs:

  • First MA period - first StdDev calculation period
  • First MA method - first StdDev calculation method
  • Second MA period - second StdDev calculation period
  • Second MA method - second StdDev calculation method
  • Applied price - moving averages calculation price

If the first StdDev crosses the second one upwards, the blue pointer is placed on the average price of the two StdDev (StdDev1+StdDev2)/2
If the first StdDev crosses the second one downwards, the red pointer is placed on the average price of the two StdDev (StdDev1+StdDev2)/2

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