Available translations

Probabilities: Min Sigma

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Summary: This is an indicator that uses the candle minimum, a Moving Average (MA) of 20 periods and Standard Deviation to calculate it's output value.
Min Sigma on the Charts
This indicator produces an output value, Z, by using the a 20MA, the sigma (standard deviation) value: Z = (candle.min - 20MA) / sigma
A strike value is also available, which could be used as a trailing stop loss.
The length of the calculation can be changed by locating and opening the Javascript Code under Data Building Procedure -> Procedure Loop under ’SMin sigma probability’ Product Definition.
Products & Properties
The following properties are available to access:
Product Name Product Variable Properties
Min sigma probability Min_Sigma Z, strike
Example:
A simple buy signal could be triggered when the signal line crosses the red -2.34 line from below:
 chart.at01hs.Min_Sigma.previous.Z < -2.34 && chart.at01hs.Min_Sigma.Z > -2.34
 \\stop loss value
chart.at01hs.Min_Sigma.strike
Maintainer:
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Probabilities: Max Sigma