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Indicators: ColorStdDev

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Automated-Trading 2012.02.07 13:04 


Most visually convenient trend power indicator based on Standard Deviation. The values of this indicator are shown in points and compared with MaxTrendLevel, MiddLeTrendLevel and FlatLevel levels that are indicator input parameters. Histogram bars can be colored in four colors depending on the comparison results. The values of these parameters must be set separately for each chart.

Author: Nikolay Kositsin

ColorStdDev indicator

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