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

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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

 

Next will probably be a series of articles "Development of a trading system based on Stochastics with period 10", "... with period 11", "... with period 12" and so on.

It is better to have no articles at all than to publish such an angle.

 
I don't quite agree with the previous commenter, these topics are very useful for general understanding of standard indicators, but I see one fat minus here: it is the absence of expert and tests. I would really like to see a table with different parameters and results of trading on history, as well as separate screens from the tester. I don't know about others, but I would be happy to read such a report, especially if in addition to the standard strategies there will be applied interesting ideas from myself
 
Denis Glaz #:
I don't quite agree with the previous commenter, these topics are very useful for general understanding of standard indicators, but I see one fat minus here: it is the absence of expert and tests. I would really like to see a table with different parameters and trading results on history, as well as separate screens from the tester. I don't know about others, but I would be happy to read such a report, especially if in addition to the standard strategies there will be applied interesting ideas from myself

Here a man somehow managed to sort out 20 pieces in one article, and it is more like reality.

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