Syntax
Public Function StandardDeviation(applyTo As ENUM_APPLIED_PRICE, period As Integer, StandardDev As Double, Ma As ENUM_MA_METHOD) As String |
Standard Deviation is a common statistical calculation that measures volatility.
Other technical indicators are often calculated using standard deviations.
Major highs and lows often accompany extreme volatility.
High values of standard deviations indicate that the price or indicator is more volatile than usual.
Parameters
Key | Description |
applyTo | The value can be one of ENUM_APPLIED_PRICE |
Period | Period as integer |
StandardDev | Standard Deviations |
Ma | The value can be one of ENUM_MA_METHOD |
Return value
Returns the handles of a technical indicator, in case of failure returns an empty string.
See Also