StErr ( int length);
Default values:
length: 12
Description
Returns the standard error calculated for the last length bars from current bar. Returns the standard deviation between data and linear regression of data.
Input parameters
| Parameter | Default value | Description |
|---|---|---|
| data | - | Defines the variable for which the standard error is calculated. |
| length | 12 | Defines the period on which the standard error is calculated. |
Example
declare lower;
input length = 10;
plot StdError = StErr(close, length);
The example calculates the standard error of close values for the defined number of bars.