Standard Deviation Lines on Chart

hammadshahir

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May 16, 2020
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Anyone has Standard Deviation indicator for MW for futures based on following formula?
  • Take previous day Settlement Price, not necessarily close price
  • Multiply times Vix Close-.3609
  • Then Multiply-.0523 Voila-182
That's our +1/-1 Deviations and we then just build off that with .5/.75/1.5 and so on .. usually NQ moves within +2 / - 2 SD .. It's a good indicator for day trading.

Actually, I would like to use VIX for ES and NVX for NQ.
 

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