Weighted deviation - indicator for MetaTrader 4

Weighted deviation – indicator MetaTrader 4

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This weighted deviation is a sort of all linear weighted deviation. It uses linear weighting in all the steps calculated (which makes it different from the built in deviation in a case when linear weighted ma is used in the ma method). It is more responsive than the standard deviation


Recommendations:

  • Use it as any deviation indicator
Weighted deviation – indicator MetaTrader 4
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