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Standard Deviation Pivot Point

Standard Deviation Pivot Point will enhance your trading and highlight great trade opportunities with the Support and Resistance levels that professionals use based on volatility of market.

Standard Deviation Pivot trading is a simple effective method for entry and finding targets that are statistically on your side, highlighting market key levels has been used by professionals for decades and is effective on all symbols: Forex, Crypto, Stocks, Indices.

Standard deviation is a measurement if volatility (the tendency for rise or fall) of a market in a select time period this indicator looks at the previous day high low and close very similar to how a pivot point is calculated but there are some difference for levels S1 S2 S3 R1 R2 R3 this has the consideration of the deviation

Statistics tell us that's price will move within 1/2/3 deviation 99% of the time having this statistical interpretation printed on chart gives a trader the edge that traders needs using the levels to confirm potential of targets and time period giving realistic levels that market will visit in a given time period 

with statics indicating:

64.2% price will be move with 1 deviation 

27.4 price will move within 2 deviation 

4.6 price will move within 3 deviation 

0.2 price will move  deviation

with these figures we can plan trades accordingly using time as a variable 


the deviation is calculation of the variability from the mean price has travelled in a specific time period (mean being the pivot) 

A low deviation price has cluster around the mean characteristics of a range 

A high deviation price has moved a reasonable distance form the mean value 


Advantages of Standard Deviation Pivot 

  • 7 Levels on chart Pivot,S1,S2,S3,R1,R2,R3.
  • Simple, effective trading method
  • Identifies key market support and resistance levels based on volitily in time period
  • Visual trading levels presented on your chart (more than just pivots)
  • Full history of levels for back testing purpose
  • Full customizable colors and line styles.


Any question please ask


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TrendMaestro5
Stefano Frisetti
note: this indicator is for METATRADER4, if you want the version for METATRADER5 this is the link:  https://www.mql5.com/it/market/product/108106 TRENDMAESTRO recognizes a new TREND in the bud, he never makes mistakes. The certainty of identifying a new TREND is priceless. DESCRIPTION TRENDMAESTRO identifies a new TREND in the bud, this indicator examines the volatility, volumes and momentum to identify the moment in which there is an explosion of one or more of these data and therefore the mome
Trade Assistant MetaTrader System  — a multi-timeframe system that is based on three standard indicators:   Stochastic oscillator ,   RSI   (Relative Strength Index), and   CCI   (Commodity Channel Index). It displays current trend directions for M1, M5, M15, M30, H1, H4, D1, W1, and MN1 timeframes. When you follow such an indicator you have a clear picture of the trends across all important timeframes. It doesn't matter which timeframe you attach this indicator to. Input parameters CheckCandl
- 50% off - Telegram group : https://t.me/+5RIceImV_OJmNDA0 MT4 version : https://www.mql5.com/en/market/product/84526?source=Unknown%3Ahttps%3A%2F%2Fwww.mql5.com%2Fen%2Fmarket%2Fmy Master Pullback is a complete system that gives unique trading opportunities and a clear indication of the market: trend, signals as well as stop loss and take profit levels. This system has been designed to be as simple as possible and detects extreme overbought and oversold zones, support and resistance levels, a
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