For installation of the channel of the Standard Deviation on the diagram, you should select the "insertion" - "channels" menu item - "A standard deviation"
The channel of the Standard Deviation is built on the basis of the Channel of the Linear Regression about which we told in previous steps.
The average line in the Channel of the Standard Deviation is "Average square" or as it also called the "equilibrium" price and the deviation from it can be understood as separate "accidental" fluctuations connected to a typical action of buyers and sellers.
Unlike the Channel of the linear regression, two side lines show not the maximum deviation from the equilibrium price, but a standard deviation of the price of closing from a regression line.
The channel of the Standard Deviation is actually an advanced version of the Channel of the linear regression. With its help it will be easier to make decisions and to research trend lines.