My Distance from moving average indicator
I made a small indicator as i was bored at my work today
It shows visually when the price get close to the moving average you have set and an histogram of a longer term moving average.
It's quick, dirty and a bit buggy (there is an error when applying the indi to the chart but it works fine) and might need some more work but you get the idea.
"I made a small indicator as i was bored at my work today"
- good job!
What advantage does the histogram offer from looking at the MA line?
The histogram gives a global idea of the strenght of the trend. You dont want to take a peak/valley when the longer MA is flat (hence no direction of the market)
Melpheos, with this kind of work when you are bored, I would love to see your work when you are focused!! Well done.
It will work fine on trending market but wont be that good on ranging market. This indicator is based on simple pull back strategy. One can trade without it, it's just fancier that way ^^
New version : you can set the multiplicator and divisor for easier viewing
Price of MA
How to find at which price a certain MA reached in certain bar?
please reformulate... I dont understand your question
save data MA
I Want Indicator Which It Save Data Of Ma
Please Help Me.