Normalize Standard Deviation between Cryptos

Hi,

For my strategy that is applied to multiple different cryptos I want to consider Standard Deviation. Comparing a asset like BTC/USD which might range between 30-120 stdev to e.g. XLM/USD which might range between 0-0.5 and XRP/USD between 1-3 (out of my head) I struggle to normalize it in order to set my buy signal when „stdev is greater x“.

How to manage that my hardcoded x applies for all assets?

Not sure if I have explained it really well but I hope so. Thanks!

Submitted November 02, 2020 at 01:33PM by 26oclock
via https://ift.tt/383jNJs

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