Support Board
Date/Time: Wed, 27 Nov 2024 18:28:29 +0000
Post From: z score inputs
| [2023-07-23 16:42:50] |
| Boris Libman - Posts: 58 |
|
It appears that you are not understanding what I'm asking. I am NOT looking for the standard deviation of the underlying instrument which is what the Standard Deviation study will provide. I am looking for the number of standard deviations the price of the underlying instrument is from its 200ma. To clarify, suppose I have a Bollinger Band study overlaid on my price chart where the BB settings are: input data: Last Length: 200 Standard Deviations: 3 SMA Type: Simple Under this example, any time the price crosses one upper/lower band, I know that it exceeds 3 standard deviations from its 200 period moving average. I am looking for a study that will separately show the number of standard deviations the price is from its 200 period MA - I believe this IS using the z-score. I believe in the settings, the "based on" should be set to bollinger bands and the input data should be based on middle band. I am however unclear what the mean length and standard dev length would refer to in this case. |