AI Z Score Oscillator Indicator
- Indicators
- Version: 1.0
Shows how many standard deviations the close is from its moving average. Readings beyond +2 or -2 mark statistically stretched prices.
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 Z score, 1 Colour (0 normal, 1 above upper level, 2 below lower level).
Inputs
Z Score: Mean and deviation period, Extreme level.
Display: Maximum bars to calculate.
Note
This is an analysis tool. It does not place trades.
