Discussion of article "Learn how to design a trading system by Standard Deviation"

 

New article Learn how to design a trading system by Standard Deviation has been published:

Here is a new article in our series about how to design a trading system by the most popular technical indicators in MetaTrader 5 trading platform. In this new article, we will learn how to design a trading system by Standard Deviation indicator.

  • Strategy one: Simple Std Dev - Volatility:

According to this strategy, we need the trading system to check two values and perform a comparison between them continuously. These two values are the current Std Dev and Std Dev Average of the previous five values. After that, we need the trading system to decide which one is bigger than the other. If the current Std Dev is greater than the average, we need to see a comment on the chart with,

  • High Volatility.
  • Current Std Dev value.
  • Std Dev 5-period average value.

If the current Std Dev is lower than the average, we need to see a comment on the chart with,

  • Low Volatility.
  • Current Std Dev value.
  • Std Dev 5-period average value.
The following picture is for this step-by-step blueprint for the simple Std Dev - Volatility strategy.

Simple Std Dev - Volatility blueprin

Author: Mohamed Abdelmaaboud