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Boiler room trading standard deviation.
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So suppose you have a bond fund that has an historical average annual return of 6 percent and you know that the standard deviation is 3.
It has taken many hours to develop the custom standard deviation channel.
These settings won t be the exact settings as connor s boiler room trading.
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The 2 standard deviations will change color when in an uptrend or downtrend.
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Custom standard deviation channel available until automatically plots regression and 12 deviation levels 7of9 complete 29 custom daily ma s with daily gap.
A bollinger band developed by famous technical trader john bollinger is plotted two standard deviations away from a simple moving average.
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What is standard deviation in bond investing.
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Codes an investment with a standard deviation of say 3 will give you a return that is within one standard deviation in this case 3 percentage points of the mean about two thirds of the time.
Here s one i use occasionally that combines the tos standard deviation channels 1 and 2 into a single script.
My trading strategy set up full guide is a great way to learn how to use my trading strategy and combine a few tips along the way.