What is stddev?
Stddev is the standard deviation index. This indicator is caused by market fluctuation. The characteristic of this index is that the price change rate is related to the moving average. Therefore, if the index value is large, the fluctuation of the market and the dispersion of the listing price will involve the moving average. If the index value is low, it means that the market volatility is low and the columnar price is similar to the moving average.

How to use StdDev index in foreign exchange trading?

The values of 1 and stddev index are relatively large, indicating that the current market fluctuates greatly and the future price fluctuation may be relatively stable.

2. A small 2.stddev index indicates that the current market fluctuation is small, the trend is relatively stable, and the future price fluctuation may be large.

3.stddev index is often used with other indicators. When the volatility is high, it is likely to be the end or beginning of the price trend.