Volatility Step Channel Based on a Moving Average of Standard Deviation

Summary

The document briefly describes a step-channel indicator whose underlying volatility measure is a 70-period moving average of a 10-period standard deviation. An update note says a hybrid mode was added. It recommends using two step channels and includes headings for first and second settings, but supplies no parameter values or further setup instructions.

The source provides only a sketch of the indicator’s construction, with no formula for how volatility determines the channel steps, no explanation of hybrid mode, and no rules for entries, exits, or risk management. It includes no charts, examples, or backtest evidence, so its usefulness is limited to identifying the general volatility basis and suggested use of two channels. Promotional site text and terms-of-use boilerplate do not add trading guidance.

Key ideas

• The indicator constructs a step channel using a volatility measure based on standard deviation.
• The stated base measure is a 70-period moving average of a 10-period standard deviation.
• An update introduced a hybrid mode, but the document does not explain its operation.
• The source recommends using two step channels without specifying their settings.
• No trading rules, examples, or performance evidence are provided.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.