StockFetcher Forums · General Discussion · Gap Up/Down 2 SDs<< >>Post Follow-up
15minofPham
170 posts
msg #160834
Ignore 15minofPham
2/1/2024 2:05:18 PM

Hi,
Can anyone help me with a two standard deviation gap up & gap down from the previous day's close?

Thank you!

xarlor
585 posts
msg #160835
Ignore xarlor
2/1/2024 3:03:55 PM

You didn't supply the time period you wanted the standard deviation calculated from. Below is a 10-day time period. You can increase this to fit your needs. The higher it is, the more extreme the move has to be to break 2SD.

Fetcher[
set{sd2,Standard Deviation(10) * 2}
set{sd2up,close 1 day ago + sd2}
set{sd2down,close 1 day ago - sd2}
set{trigger,count(close > sd2up,1) + count(close < sd2down,1)}
trigger > 0

draw sd2up on plot price
draw sd2down on plot price
]



15minofPham
170 posts
msg #160840
Ignore 15minofPham
2/2/2024 1:53:23 AM

Thanks Xarlor! This is what I was looking for!

StockFetcher Forums · General Discussion · Gap Up/Down 2 SDs<< >>Post Follow-up

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