New Update Available – MA Distance Histogram

A new version of the indicator has been released with important visual and analytical improvements, bringing more clarity and flexibility to your trading decisions.

What’s new in this version:

Level-Based Coloring (NEW)

You can now highlight extreme market conditions using customizable levels.

Enable or disable this feature with ("Enable level-based coloring")
Define the upper level with ("Upper strong level")
Define the lower level with ("Lower strong level")
Customize colors:
("Positive color")
("Negative color")
("Strong level color")

This allows you to easily spot when price is in extreme zones (e.g., above 50 or below -50).

Custom Levels Display (NEW GROUP)

A new group was added for full control of visual levels:

=== Display levels ===

Toggle visibility with ("Show fixed levels")
Fully customizable levels:
("Level 1")
("Level 2")
("Level 3")
("Level 4")
("Level 5")
("Level 6")
("Level 7")

Default structure follows the -100 to +100 scale for better symmetry and reading.

Signal Moving Average (IMPROVED)

The Signal MA from the previous version has been integrated and enhanced:

=== Signal MA ===

Enable with ("Show signal MA")
Adjust period using ("Signal MA period")
Choose method with ("Signal MA method")
Customize style with ("Signal line style")
Color behavior:
("Signal rising color")
("Signal falling color")
("Signal last bar color")

Now the last candle is highlighted for better real-time decision making.

Additional Improvements

Smoother recalculation for real-time updates
Better visual consistency
Cleaner and more intuitive structure

This update gives you more control, better visualization, and a more professional workflow when analyzing price distance from the moving average.

Good trades to everyone!