AI Price Distance From MA Oscillator
- Indicators
- Version: 1.0
Distance between the close and a moving average measured in ATR units, a simple way to see when price is overextended.
Key features
- Calculated on closed bars, values do not repaint
- Works on any symbol and timeframe
- All periods, levels and colours can be changed in the inputs
- Light on resources with a maximum bars setting
- Buffers available for use in your own Expert Advisors (iCustom)
Buffers
0 Distance (ATR units), 1 Colour (0 above, 1 below, 2 extreme).
Inputs
Distance: MA period, MA method, ATR period, Extreme distance (ATR units).
Display: Maximum bars to calculate.
Note
This is an analysis tool. It does not place trades.
