Z-Score Retracement indicator

Hello everyone,

I will be releasing this Z-Score Retracement indicator later today/tomorrow, so thought I would do a quick tutorial video about it and on using it.

The concept of using a Z-Score based retracement tool seems novel. I looked it up online and it doesn't seem that anyone has applied this principle to stock trading, at least pragmatically outside of math traders modelling stocks. When it comes to retracements, the only thing I can find is that of Fib level retracements.

So this indicator is meant to bridge the gap in the little available on how to visualize mathematical retracements based on Standard Deviations.

Here are the timestamps for the video:

Intro: 0 – 1:00
Concepts of Retracements: 1:00 – 3:00
Regression Trading: 3 – 3:40
Using the indicator: 3:40 – 9:00
Probability: 9:00 – 9:45
Examples using the indicator: 9:45

I also suggest reading a little bit about my other Z-Score based indicator, the Z-Score probability indicator, to gain more of an in-depth understanding about using Z-Score for determining probability. I will link it below.


Thanks so much for watching and checking this out! I will post it here once officially posted.