Generating Signals from Crossovers of Two Standard Deviation Lines
Summary
The indicator plots two Standard Deviation lines calculated with separate period and moving-average-method settings. It places a directional pointer when one line crosses the other: an upward cross by the first line produces a blue pointer, while a downward cross produces a red one. The pointer is located at the mean of the two indicator values.
Inputs include the two calculation periods, the two methods, and the applied price used in the calculations. The description explains how signals are displayed but gives no interpretation of what a crossover predicts, no entry or exit rules, and no performance or backtest evidence. As presented, the indicator is a visual signal aid; traders would need to assess its behavior and define a strategy independently.
Key ideas
- The indicator plots two Standard Deviation series with independently configurable periods and methods.
- An upward cross by the first series produces a blue pointer.
- A downward cross by the first series produces a red pointer.
- Each pointer is placed at the average value of the two series.
- The description does not provide trading rules or evidence of signal performance.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.