Draw standard deviation channel | FXON™

Mobile & tablet Draw standard deviation channel

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This article was :

published 908 days ago

updated 362 days ago

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.

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

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