Reply To: Standard Deviation from Moving Average

[Matthew]

Hi,

Yes, this should be possible using the following adjusted script:

//Set lookbacks; #$MA = 50; $SD = BARCOUNT(Month(PERIODAMOUNT=1)); //Calc MA; MA1 = MA(BARS=$MA, CALC=Close); //Calc % diff; DIFF = ((CLOSE() - MA1) / MA1)*100; //Std Dev of Diff; STD(DIFF, BARS=$SD)

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//Set lookbacks; #$MA = 50; $SD = BARCOUNT(Month(PERIODAMOUNT=1)); //Calc MA; MA1 = MA(BARS=$MA, CALC=Close); //Calc % diff; DIFF = ((CLOSE() - MA1) / MA1)*100; //Std Dev of Diff; STD(DIFF, BARS=$SD)

This script adjusts the $SD line to use a Monthly Bar Count total. As the monthly bar count changes, so will the STD Bar lookback period.

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Thomas