Z-Score

Z-score (Standard score) is a measure of the relative spread of an observed or measured value which indicates how many standard deviations its relative mean spread is. The indicator displays the value of the price deviation from its average value.

The indicator view in the chart.

The indicator has the following parameters:

Period

Moving Average - setting of the simple moving average calculation period.

Standard deviation - set the standard deviation period.

Common

Source - setting of the indicator calculation parameters:

• Open
• High
• Low
• Close
• Volume

Drawing

Panel - selection of the indicator location in the chart:

• New panel
• Chart

Visualization

Show value - display of the indicator value on the price scale on the left.

Scale/Auto-scaling - if this option is on, the scale will be automatically calculated, based on the minimum and maximum indicator values, so that the indicator would fit in the chart.

Color - color setting of the indicator.

Visual type - visual setting of the indicator display in the chart:

• Line
• Histogram
• Hash
• Block
• Cross
• Square
• Dots
• Up arrow
• Down arrow
• Axis label
• Hide

Line style - setting of the line display style:

• Solid
• Dash
• Dash - dot
• Dash - dot - dot

Width - setting of the indicator line width.