# volatility standard dev

Questions about MultiCharts and user contributed studies.
dlahyani
Posts: 24
Joined: 06 Feb 2007

### volatility standard dev

Hi,

is it possible to plot a standard deviation on an indicator?

Daniel

TJ
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yes, there is a function called StvDev.

Open> Study Type: select Function

you will see the function there.

TJ
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StdDev (Function)

The StdDev function calculates a standard deviation of a population of values.

Syntax

StdDev( Price, Length )

Returns (Double)

A numeric value containing the current standard deviation.

Parameters

Price Numeric

Specifies which bar value (price, function, or formula) to be considered.

Length Numeric

Sets the number of bars to be considered.

Remarks

To find the standard deviation,
first find the variance and then take its square root.

Example

Assigns to Value1 the standard deviation of Close over 10 bars.

Value1 = StdDev(Close, 10);

dlahyani
Posts: 24
Joined: 06 Feb 2007

### Std.dev

thanks TJ,

what I need is to plot the std deviation of a spread ratio.
you're explanation seem simple but I'm not familiar with programing.

Daniel

TJ
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if you are not familiar with programming, no amount of my simple explanation would help.

you can take comfort in my "complicated" message that what you want can be done.
p.s. with the power and flexibility of MultiCharts, virtually any numeric analysis that you can dream of, can be done.

if you are not familiar with programming, you can start here:
http://www.tssupport.com/support/tutorials/

http://www.tssupport.com/forum/viewtopic.php?t=6559

A True Composite Symbol for Multicharts

enjoy!

dlahyani
Posts: 24
Joined: 06 Feb 2007

### Std.dev

hey TJ,

thank you for your education but I have no plans to dig into programming.
I was thinking MC could do that by default.

Best/Daniel

Andrew Kirillov
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Daniel,
It is really simple:
Just add custom 1 line indicate and insert this as a custom formula:

StandardDev (Average(Close,10),10,1)

It plots Std dev for moving average