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STDev % by Alejandro P

3 808
This is a simple indicator that expands the usability of Standard deviation into a universally usable indicator.

This indicator displays the volatility as standard deviation as a % of asset value, this allows using more standardized and comparable values across multiple instruments and asset classes.
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Added revision numbers for tracking version in chart easily.

Added Calculation Method options as suggested by commenter.
Now you can choose using STdev / Close or STdev / SMA(Close) for the period inputed

Added Relative Percentile Values option which transforms the indicator from an absolute value measure to a percentile based measure so it can be more easily compared across vastly different assets.

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Improved inputs and changed default settings.

Added clarity to Percentile Ranking inputs via tooltips.
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Updated to V5

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