Skip to content

Nelson 5#

Rule definition#

2 of 3 consecutive points above two standard deviations or below two standard deviations on the same side of the centerline.

Rule Scope#

Indicator Scope Scope Type Chart Type Chart
Indicator1 ChartType Variable

Table: Nelson 5 configuration used for scope resolution

Visual examples#

Upper#

Nelson 5 - Upper

Lower#

Nelson 5 - Lower