Frog Box/ Frog SD

An indicator used in the intraday Frog trading framework.  The purpose of the indicator is to discern price action which is part of a directional move rather than price action that is noise.  Once price has progressed further than one frog box, it is reasonable to expect that the stock has begun a trend in the direction of the initial move.  Formula:  Full Standard Deviation of Range (30) Frog box definition: standard deviation of the ranges, of the last 30 days. Daily range = (Hi-Lo) Compute the Range of the last 30 days