Draw standard deviation channel | FXON™

Mobile & tablet Draw standard deviation channel

This article was :

published

updated

Here we'll look over the steps on how to display the standard deviation channel on the chart in MetaTrader4 (MT4) / MetaTrader5 (MT5) app for Android and iOS mobile devices. The standard deviation channel is a technical indicator based on the regression channel and standard deviation. It is made up of 3 lines, the linear regression line and the 2 lines above and below it. Unlike the regression channel, the locations of the 2 lines are calculated using the standard deviation. Similar to the regression channel, the line above represents the resistance line and the bottom line represents the support line.

Related article: Draw regression channel

mt4

mt5

iPhone
Scroll horizontally to see moreSwipe horizontally to see more

Step 1

Tap "Chart" on the bottom navigation bar.

Step 1

Step 2

Tap the "Objects" icon at the top.

Step 2

Step 3

Tap "Add Object".

Step 3

Step 4

Tap "StdDev Channel".

Step 4

Step 5

Tap at the starting point and drag to the end point.

Step 5

Step 6

To fix the standard deviation channel, tap on the line to hide the dots.

Step 6

Android
Scroll horizontally to see moreSwipe horizontally to see more

Step 1

Tap "Chart" on the bottom navigation bar.

Step 1

Step 2

Tap on the chart.

Step 2

Step 3

Tap the "Objects" icon.

Step 3

Step 4

Tap "StdDev Channel".

Step 4

Step 5

Tap at the starting point and drag to the end point.

Step 5

Step 6

To fix the standard deviation channel, tap on the line to hide the dots.

Step 6

iPad
Scroll horizontally to see moreSwipe horizontally to see more

Step 1

Tap the "Objects" icon on the left.

Step 1

Step 2

Tap "Add Object".

Step 2

Step 3

Tap "StdDev Channel".

Step 3

Step 4

Tap at the starting point and drag to the end point.

Step 4

Step 5

To fix the standard deviation channel, tap on the line to hide the dots.

Step 5

Android tablet
Scroll horizontally to see moreSwipe horizontally to see more

Step 1

Tap on the chart.

Step 1

Step 2

Tap the "Objects" icon.

Step 2

Step 3

Tap "StdDev Channel".

Step 3

Step 4

Tap at the starting point and drag to the end point.

Step 4

Step 5

To fix the standard deviation channel, tap on the line to hide the dots.

Step 5

iPhone
Scroll horizontally to see moreSwipe horizontally to see more

Step 1

Tap "Chart" on the bottom navigation bar.

Step 1

Step 2

Tap the "Objects" icon at the top.

Step 2

Step 3

Tap "Add Object".

Step 3

Step 4

Tap "StdDev Channel".

Step 4

Step 5

Tap at the starting point and drag to the end point.

Step 5

Step 6

To fix the standard deviation channel, tap on the line to hide the dots.

Step 6

Android
Scroll horizontally to see moreSwipe horizontally to see more

Step 1

Tap "Charts" on the bottom navigation bar.

Step 1

Step 2

Tap on the chart.

Step 2

Step 3

Tap the "Objects" icon.

Step 3

Step 4

Tap the "+" icon at the top.

Step 4

Step 5

Tap "StdDev Channel".

Step 5

Step 6

Tap at the starting point and drag to the end point.

Step 6

Step 7

To fix the standard deviation channel, tap on the line to hide the dots.

Step 7

iPad
Scroll horizontally to see moreSwipe horizontally to see more

Step 1

Tap the "Objects" icon on the left.

Step 1

Step 2

Tap "Add Object".

Step 2

Step 3

Tap "StdDev Channel".

Step 3

Step 4

Tap at the starting point and drag to the end point.

Step 4

Step 5

To fix the standard deviation channel, tap on the line to hide the dots.

Step 5

Android tablet
Scroll horizontally to see moreSwipe horizontally to see more

Step 1

Tap on the chart.

Step 1

Step 2

Tap the "Objects" icon.

Step 2

Step 3

Tap the "+" icon at the top.

Step 3

Step 4

Tap "StdDev Channel".

Step 4

Step 5

Tap at the starting point and drag to the end point.

Step 5

Step 6

To fix the standard deviation channel, tap on the line to hide the dots.

Step 6

Was this article helpful?

No

Yes

0 out of 0 people found this article helpful.

Thank you for your feedback.

Send