New Members: Be sure to confirm your email address by clicking on the link that was sent to your email inbox. You will not be able to post messages until you click that link.
Hello, i know how to do the calculation of sq root etc to find the standard deviation , however not understand how to apply it to our charts , specifically i would like to know the probable sd for an stock in 1 week and 1 month , so do i apply parameter of 1 in these?, in the ! week it gives me a flat horizontal line ? when i place 1 as parameter.
Thanks.
0
Comments
https://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:standard_deviation_volatility
On a daily chart, to get the standard deviation for a week (5 trading days, not necessarily a calendar week Mon - Fri), you would select "Standard Deviation" from the Indicator drop down on the Chart Workbench, and then put a "5" in the Parameters box. For a month, the parameter would be "21", which is the approximate number of trading days in a month.