Comparing standard deviation of bar range
I’m trying to recreate some code I found that utilizes standard deviation of average bar rage.
Assuming BarRange (High-low), it looks like this:
IF BarRange > 2*StdDev(BarRange,Period) + average(BarRange,Period) …
Can somehow show me how to get StdDev compared to High-Low ?
I think I might need a custom indicator, or to use the Code editor in SQ to edit the StdDev indicator?
Appreciate suggestions to make this simple.
I had this turned into an indicator and imported to SQ for a solution.
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