Unified Daily & Weekly Std Dev Bounds (1σ)

1 Sigma Standard Deviation bounds (Upper & Lower) that work for the Daily & Weekly time frames. Indicator is only visible on the Daily & Weekly charts. The bands will not show on lower time frames to avoid noisy charts. The indicator works great for mean reversion setups, just make sure price has respected the bounds in the past (An overshot is ideal preceding a reversion). The volatility levels (Upper & Lower) are based on the distribution of returns over the past trailing 12 Months. The middle line shows the previous candle's close. Levels will automatically update as soon as a new Daily or Weekly candle opens. The start of a new Day/ Week means you would have to wait for 9:30 AM est for levels to update if trading stocks. Updated levels appear when particular markets are open. For example, Crypto will always have updated levels 24/7 because the market never closes. Works on any & every instrument.