Bermaui Deviation percentage (BD%) steps and displays the volatility index as a percentage. The index is based on the classic Standard Deviation (CSD), that takes values from 0 to 100%.

Interest rate technical indicators are helpful when comparing multiple securities, that gives traders a great benefit when analyzing the industry. BD% is a relative measurement of CSD. it is possible to use BD% to compare the volatility of the same advantage in various time periods and on different timeframes. in addition, you can use BD% to compare the volatility of different assets in different markets as a percentage.

The idea of the indicator is explained in the following steps:

• If BD% is below 90% and crosses this level upwards, this is a sign of a flat.
• If BD% is above 90% and crosses this level down, while the price is already above its simple moving average, this is a sign of the beginning of an uptrend. As BD% moves deeper into the negative area, the volatility and strength of the trend increases. If BD% is 0%, the volatility is at its maximum. If BD% leaves the 0% level, the volatility decreases and the uptrend weakens.
• If BD% is above 90% and crosses this level down, while the price is already below its simple moving average, this is a sign of the beginning of a downtrend. As BD% moves deeper into the negative area, the volatility and strength of the trend increases. If BD% is 0%, the volatility is at its maximum. If BD% leaves the 0% level, the volatility decreases and the downtrend weakens.

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• The alert is triggered when BD% crosses the 90% level up, indicating the beginning of a flat.
• The alert is triggered when BD% crosses 90% down and is above the SMA, indicating the start of a new uptrend.
• The alert is triggered when BD% crosses 90% down and is below the SMA, indicating the start of a new downtrend.
• Customizable style.

• Candles – the number of candles to calculate (50 by default).
• Width – width BD% (default 1).
• Sideway_color – BD% color when the price is flat (Orange by default).
• up_color – BD% color when the price enters an uptrend (Green by default).
• down_color – color BD% when the price enters a downtrend (Red by default).
• upper_level – exceeding BD% of the specified level indicates the beginning of the flat (by default, 90%).
• lower_level-a drop of BD% below the specified level indicates high trend volatility (10% by default).
• level_color – the color of the level (Gray by default).
• Alerts-enable / disable sound alerts and messages (true by default).
• text_range_area-message about the beginning of a new flat.
• text_up_trend-a message about the beginning of a new uptrend.
• text_down_trend-a message about the beginning of a new downtrend.
• email_send – send email notifications (false by default).
• email_subject – the text of the email.
• notification_send-send notifications (false by default).

I hope that the Bermaui Deviation Percentage (BD%) indicator will be useful to you.

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