OPEN-SOURCE SCRIPT

Distance to MA

Diupdate
Summary:

Calculate the distance of the price to a moving average. Also be able to identify if the average distance is decreasing or increasing based on signal line.

Details
Length: The moving average length to measure against.
Source: The price input source use to measure the distance from.
Signal Length: The average of distance between Source and MA.

If the average is increasing the color of the signal line will be green and if it is decreasing then it will be red.
Catatan Rilis
The indicator now has the ability to show distance and signal as a percentage from the moving average.

cuplikan

Quadrant top left shows distance and signal line from the MA in terms of dollar amount.

Quadrant top left shows distance and signal line from the MA in terms of percentage.

Quadrant bottom left shows distance from MA in terms of dollar amount and signal line from the MA in terms of percentage. This is perhaps the most important measure of strength and also can be an indicator for overbought or oversold levels.

Quadrant bottom right shows distance from MA in terms of percentage and signal line from the MA in terms of dollar amount.



distanceMoving AveragesTrend Analysis

Skrip open-source

Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menerbitkannya sebagai sumber terbuka, sehingga para trader dapat memahami dan memverifikasinya. Hormat untuk penulisnya! Anda dapat menggunakannya secara gratis, namun penggunaan kembali kode ini dalam publikasi diatur oleh Tata Tertib. Anda dapat memfavoritkannya untuk digunakan pada chart

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