Standard Deviation is another most useful Forex trading indicator that measures the amount of price move of an asset. It is a statistical measure of market volatility, indicating how widely prices are dispersed from the average price. Standard Deviation indicator helps the traders to determine whether the volatility of price is likely to increase or decrease in near future, as it determines the volatility of price movement of an asset in future. Standard Deviation returns low value indicating low volatility when prices trade in a narrow trading range.
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