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Moving Average Standard Deviation | NickJoan

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Moving Average Standard Deviation is a trend-following indicator built around a moving average and dynamic standard deviation bands. It identifies bullish and bearish conditions by comparing price against adaptive upper and lower bounds.

How it works
  1. A moving average is calculated using the selected MA type and length.
  2. Standard deviation is applied to the moving average to create adaptive upper and lower bounds.
  3. When price closes above the upper bound, the script switches to bullish state.
  4. When price closes below the lower bound, the script switches to bearish state.
  5. If neither condition is met, the current state remains unchanged.

Visual output
  • The moving average is plotted directly on the chart.
  • Upper and lower bounds define the current volatility range.
  • Candle colors change according to the active bullish or bearish state.

Alerts
  • Long Signal triggers when the state turns bullish.
  • Short Signal triggers when the state turns bearish.
Информация о релизе
Updated indicator formatting to inherit the chart symbol’s native precision.

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