The forex industry is made up of countless definitions and it's easy to forget a few along the way. But because no forex education can be complete without a glossary of forex terms, we've compiled one which aims at explaining key definitions in the simplest way possible. This way, you'll never be lost or confused again!
It is a statistical term denoted by the Greek letter (sigma). It is calculated by the following steps:
Standard Deviation formula:
Category: Technical Analysis