Standard Deviation

Description

Standard Deviation Channels are calculated by plotting two parallel lines above and below an x-period linear regression trendline. The lines are plotted x standard deviations away from the linear regression trendline.

For information on other channel-based line studies, see Envelopes, Price Channels, Raff Regression Channels, Standard Error Bands, and Standard Error Channels.

Interpretation

Standard Deviation Channels are calculated by plotting two parallel lines above and below an x-period linear regression trendline. The lines are plotted x standard deviations away from the linear regression trendline.

For information on other channel-based line studies, see Envelopes, Raff Regression Channels, Standard Error Bands, and Standard Error Channels.