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Std Dev Reversal Levels

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Plots standard deviation bands around a central mean to identify statistically extreme price levels where reversals are likely.

How It Works
Price statistically tends to stay within predictable ranges around its mean. This indicator plots sigma (σ) levels showing where price becomes statistically extended.

Green lines: Levels above the mean (+1σ to +5σ)
Red lines: Levels below the mean (-1σ to -5σ)
White line: Center/mean (optional)

How To Use

Set timeframe to 1D or 4H
Use Statistical method with 20-30 lookback
Watch for price touching ±3σ levels
Look for reversal confirmation at these extremes
Target the center line for mean reversion plays
Notes de version
Plots standard deviation bands around a central mean to identify statistically extreme price levels where reversals are likely.

How It Works
Price statistically tends to stay within predictable ranges around its mean. This indicator plots sigma (σ) levels showing where price becomes statistically extended.

Green lines: Levels above the mean (+1σ to +5σ)
Red lines: Levels below the mean (-1σ to -5σ)
White line: Center/mean (optional)

How To Use

Set timeframe to 1D or 4H
Use Statistical method with 20-30 lookback
Watch for price touching ±3σ levels
Look for reversal confirmation at these extremes
Target the center line for mean reversion plays

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