Indicators: MA_Difference

[Automated-Trading]

MA_Difference:

An oscillator indicator showing a difference between MA and the price.

Indicator values can be interpreted similar to the standard ADX: high values of MA1 and MA2 point to the presence of a trend, low values indicate consolidation. The Difference line can be used as a threshold for determining high values of MA1 and MA2.

Author: Scriptor