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Standard Deviation Channel

Standard deviation channels are plotted at a set number of standard deviations around a linear regression line. They can be used in swing trading and in detecting changes in momentum.

To apply a Standard Deviation Channel Indicator

1. From within a chart, from the Edit menu select Studies.
2. Choose Standard Deviation Channeland click Add to add the study to the Applied Studies group.
3. Complete parameters as necessary.

Once the study is defined, you can elect to uncheck/check to remove and add the study to your chart.

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