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Forex Indicator “XCCX_StDev_Signal”

This is a semaphore signal indicator that uses the values of the indicator XCCX_StDev.

There are 5 possible options for determining the indicator signal:

  1. Only levels. The indicator defines the approach of the original oscillator XCCX in the zones of overbought or oversold that are defined by input parameters of the indicator UpLevel and DnLevel;
  2. Only deviation. The indicator clamps the moments when the deviation goes beyond the values that are defined by the input parameter of the indicator dK;
  3. Levels and deviation. In this case signals occur when the deflection goes beyond the values that are defined by the input parameter of the dK indicator while the XCCX oscillator is in the overbought or oversold position;
  4. Levels and the deviation by trend. This algorithm is similar to the antecedent one, but in overbought zone of the oscillator the signals of growth are only recorded and in the zone of the oversold the signals of falling only are taken into the account;
  5. Levels and the deviation against the trend. All is similar to the third algorithm, but in the zone of the overbought of the oscillator the signals of falling are only recorded and in the zone of the oversold the signals of increasing are only taken into the account.
 

Trading spot currencies involves substantial risk and there is always the potential for loss. Your trading results may vary. 

 

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