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Standard Deviation (Volatility)

The Power of Standard Deviation (STDEV)Hello everyone, This morning was a great chance to show the power of using Standard Deviation (STDEV) for targets. I usually put it on the London session. That's what I've done here. As you can see, the levels are almost identical to the ones marked using market structure. This is another useful advanced tool that can add to your arsenal to help bring your trading to the next level. This is very easy to use, and you can use the FIB tool with these levels to make your own STDEV tool. I hope you found this insightful and useful. Happy Holidays!
CME_MINI:NQ1!Education
by The_Lioness
Everything I Thought I Knew About Trading and TA Was WRONG.For some years, I had been learning trading and Technical Analysis (TA). As I progressed, I stumbled into Volatility trading and the Better Maths behind the indicators made by Balipour and Pig. Comparing Traditional TA indicators and maths to the next level trading indicators built on better mathematics, is like comparing a car to a rocketship. Sure, both will get you around, but one is far more likely to help you reach new heights in your experience, while the other is more likely to keep you moving around more or less on the ground, until the vehicle breaks down. Lesson: Things to know about trading volatility: The standard deviation of returns is Volatility. Returns are Mean reverting. Price isn't. Price Action is impacted by Geometric Brownian Motion. This means there is some amount of Randomness in every candle. Time decay and Entropy affect Returns. These things and more are all measurable and you can learn how to use the indicators that measure them, complete with official documentation, tutorial documents, live streams, youtube videos, active discord communities, and more. It took me about a week to get the hang of trading strictly using these indicators and the others from Ba+Pig. I have not traded with traditional TA indicators since the end of August, 2020. And I haven't looked back. The performance comparison is night and day. The lesson here is that TA does not work consistently enough in this digital age of fast computers running better mathematics algorithms and high frequency trades. Do yourself a favor. Stop drawing subjective lines, shapes, patterns and other ridiculous art for any charting you use to trade. Learn volatility trading. Learn better maths. Trading is not voodoo art and magic. There is no secret sauce. The mathematics give you the vast majority of the info you need to succeed in your trades. You just have to know how to use that info. Even the world's best quant firms do not have better maths than these indicators. They may have more and better data to analyze, but the maths are the maths. The formulas are the same high quality level of mathematics that can actually be used to calculate HVP, Probability Cones, Expected Moves, Time Decay and Entropy, as well as Hurst Exponent , DWT, MOM, Impossible RSI , Reverse RSI Div , Correlation Coefficient and more! If you want to get their cutting edge indicators for yourself, you can do so by checking all the free indicators that @balipour has posted on his TradingView account's Published Scripts page. And to try or get the Premium BApig Indicators, if you're unable to find it on your own, then you may ask in the discord community or DM me and I'll be happy to let you know where to find them. This is not financial advice. This is just my opinion. Do your own research. You'll be glad you did. :)
BYBIT:BTCUSD.PEducation
by stepstones
7
Nuls (and most altcoins) stuck in downward trend vs. BTC.Using Nuls as an example: since I was considering if I should buy some now, due to my personal interest in its fundamentals. However its chart, like with most other altcoins, look horrible at the moment. Here, the chart shows NULs finding support on top of the thick-green LVDT line on the 3hr chart (note, for BTC, the 3hr, as well as 4hr, and especially the 1D chart works better). However, LVDT guide bands are in an overall downward trend vs. BTC. I will wait till the overall LVDT bands to plateau before I am confident of investing into altcoins again. My indicators used: LIVIDITIUM + 2STDEV-AEONDRIFT {EMA} LVDT guide-bands + 2 level Standard Deviation bands + with a set of detection algorithms implemented. FUSIONGAPS {EMA} ( color fills removed here) Net market Bullish/Bearish state oscillator, with DFG and D2FG indicators implemented. also check out the following accompanying oscillators. DIFFERENTIAL FUSIONGAPS {DFG} = Momentum oscillator DOUBLE-DIFFERENTIAL FUSIONGAPS {D2FG} = Accelerator oscillator Also the FUSIONGAPS{EMA} 50/15-Series = that shows the FG, DFG, and D2FG lines for 50/15 {EMA} {SMA} version also available.
Education
by cybernetwork