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Deviation Index


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

Zones of overvalue, indicate possible reversal.

Mode: histogram/line.

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

By default, the indicator is calculated on an SMA of 200.

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

Contact email: fve2022@hotmail.com





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The Oscillometer
Francisco De A Vilar Enriquez
It is a new indicator that frames the price movement and tracks it. It consists of oscillation channel and its center line   CL . For its calculation it is only necessary to introduce the amplitude of the channel. Because of this, it is a non-lagging indicator as it is not calculated based on a number of previous candlesticks. It removes any level of noise , showing the underlying price movement cleanly via the center line . It allows you to easily identify the beginnings and ends of the trend ,
Fluctuation Bands
Francisco De A Vilar Enriquez
Shows the price fluctuation bands associated with a moving average. It is extremely accurate, and it's a wonderful visual guide. The indicator consists of 4 bands . The two bands closest to the price form the fluctuation channel , they mark the maximum calculated deviation of the price from the moving average. The outer bands mark the maximum overdeviation of the price with respect to the fluctuation channel, they are overbought or oversold areas. Features.  -The change of periods of the MA is d
Fork 4
Francisco De A Vilar Enriquez
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
Basic Fork
Francisco De A Vilar Enriquez
Very useful indicator, you won't be able to be without it. Essential for scalping. It shows rebound levels, top and bottom, forming a fork that surrounds the price. Each level has two blue controls associated to change it, has one green control for rebound mode: High/Low or Open/Close, and has a red breakage alert control. The values ​​of each level,  and the distance between levels in pips, are shown at the top left. Features: -T wo independent modes of operation: High/Low, Open/Close. -When on
The Oscillometer5
Francisco De A Vilar Enriquez
It is a new indicator that frames the price movement and tracks it. It consists of   oscillation channel   and its   center line   CL . For its calculation it is only necessary to introduce the   amplitude   of the channel. Because of this, it is a   non-lagging   indicator as it is not calculated based on a number of previous candlesticks. It removes any level of   noise , showing the underlying price movement cleanly via the   center line . It allows you to easily identify the   beginnings   a
Fork 5
Francisco De A Vilar Enriquez
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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