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SmoothBrain Deviation Bands

SmoothBrain Deviation Bands & Status Overlay

This indicator implements Dr. Sebastian Purcell's (aka SmoothBrain) 20/40 and 30/60 rules for crypto trading relative to the 200-day SMA. The indicator includes both deviation bands and a status overlay to help traders identify potential market tops.

Key Features:
  • Tracks price deviation from 200-day SMA
  • Large coin thresholds: 20% (warning) and 40% (critical)
  • Small coin thresholds: 30% (warning) and 60% (critical)
  • Real-time status overlay with color-coded alerts
  • Percentage deviation display


How to Use:
  • Large coins: Consider avoiding entries above 20% and expect potential tops above 40%
  • Small coins: Consider avoiding entries above 30% and expect potential tops above 60%
  • Use in conjunction with other technical analysis tools for best results


Credit: Original concept by Dr. Sebastian Purcell (SmoothBrain) as part of his Bubble Trading strategy.

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