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Deviation Index

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Demo downloaded: 9

Published: 4 November 2022

Current version: 8.3

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Deviation Index

Indicators
Francisco De A Vilar Enriquez
Version: 8.3
Updated: 26 February 2026
Activations: 5

Normalized indicator. It measures the relative deviation of the price from its moving average. It is extremely reliable. Accurately determine overbought and oversold price areas and divergences.

Features.

The indicator is calculated on (O+H+L+C)/4.

It has a range of -100 to 100. The overbought zone is above 80 and the oversold zone is below -80.

Mode: histogram/line.

MA method: simple, exponential, smoothed, linear weighted.

With softing option.

By default the indicator is calculated on an SMA 50.

Reversal.

When there is overvalue with divergence it is a clear sign of reversal.

Index formula.

DI = 100 x deviation to the moving average of n periods / maximum deviation in the current n periods.

Recommended indicators: Basic Fork, Trend Detector Monitor

Contact email: fve2022@hotmail.com

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The best instrument for scalping. It allows you to always be correctly positioned in the price. It's a simple and extraordinarily powerful visual reference. Very suitable for price action. It consists of four components. 1. Fork. There are two levels that surround the price and mark the rebound points. They can be varied independently with 4 associated controls, two for each level. Its amplitude is indicated in pips in the indicator data. The minimum fork is updated with each tick. It has

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