OPEN-SOURCE SCRIPT

Distance (Percentage) From 200-day moving average

By ericsolan
Almost the same indicator as Distance From 200ma, but values indicate the distance in a percentage of the 200ma value


Plot of the distance from the 200ma. Helpful to identify areas where max distance from the 200ma caused a drop down or jump up to the mean
Simple Moving Average (SMA)

Skript med en öppen källkod

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. Du kan ange den som favorit för att använda den i ett diagram.

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