I am trying to detect outliers in my data set and I am thinking to use the standard deviation to gauge the acceptable range and potential outliers. Then, use histogram to confirm whether or not it is an outlier. Do you think this is a great method?
Histogram should still get you basic visuals necessary to detect outliers.
This is all dependent on the type of dataset you are looking at, but boxplot is usually a good way to detect outliers, easy clear. If you are trying to understand two data set with similar traits, maybe one is observed and the other is predicted, you may want to consider Q-Q plot, Residual plot