Standard Error Bands (SEB) – FX Replay Guide
The Standard Error Bands (SEB) indicator in FX Replay is a volatility + trend visualization tool. It plots a linear regression line as the trend base and surrounds it with upper and lower bands calculated from the standard error. This helps you identify breakout conditions, trend stability, or trend reversal points.
How to Add It:
- Open the Indicators panel in FX Replay.
- Search for “Standard Error Bands” or “SEB”.
- Add it to your chart and configure:
- Period
- Multiplier (default is 2 for 95% confidence)
- Customize the line color and band opacity as needed.
How to Use SEB in FX Replay:
Trend Strength and Direction
- The linear regression line shows the current price trend.
- If price hugs the regression line with narrow bands, the trend is strong and stable.
Volatility Analysis
- Tight bands = low volatility → potential trend continuation
- Widening bands = rising volatility → watch for reversals or breakout setups
Trade Signals
- Trend Continuation Setup:
Enter when bands are tight and price is flowing with the regression line. - Breakout Opportunity:
If price closes outside the bands, it may signal a momentum surge or potential reversal. - Mean Reversion:
When price deviates sharply from the regression line, look for pullbacks toward the average.
Backtesting in FX Replay:
- Use SEB during session-based testing to monitor trend consistency (e.g., London or NY session).
- Tag breakout candles outside SEB as key moments for journaling or strategy development.
- Combine with tools like volume spikes, RSI, or liquidity zones for added confluence.
Pro Tip:
SEB in FX Replay is a great trend filter and volatility gauge.
Use it to:
- Stay out during chop
- Focus entries when price is coiling (tight bands)
- Act on momentum breakouts (expanding bands)
It’s especially powerful when layered with:
- Price structure
- Session timing
- ICT-style displacement logic