OPEN-SOURCE SCRIPT

STD DEV ZONES

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A Statistical Road Map for price action. You can see exactly how the price interacts with these historical volatility "speed limits."

1. The "Pivot" (Yellow Level 0)
What you see: The horizontal yellow line marks the start of the session's "value."
The Strategy: This is your anchor. When price is above this, you are in "Long Territory." When price breaks decisively below the yellow line, it signals the shift to "Short Territory."

2. The "Exit Zones" (Teal and Red Shaded Areas)

3. "Zone" vs. "Line"
Notice the shaded transparency around each line. The script is programmed to show a "Volatility Buffer."

The Script (Horizontal Zones): Provides the "Where." It tells you where price is likely to run out of breath (Targets/Exits) and where the trend bias changes (The Pivot).

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