OPEN-SOURCE SCRIPT
MA Distance with StdDev Bands

This Pine Script indicator calculates and visualizes the percentage deviation from a moving average with dynamic standard deviation bands. Here's what it does:
Key Features
Calculates the percentage difference between current price and a user-selected moving average (SMA, EMA, or VWMA)
Computes standard deviation bands using the entire historical dataset
Displays dynamic color changes based on price movement and band positions
Visual Components
Main line: Shows percentage deviation from the moving average
Dashed bands: Upper and lower standard deviation boundaries
Zero line: Reference for neutral position
Color signals:
Red: Price outside standard deviation bands
Green: Above MA and rising
Orange: Below MA but rising
Blue: Other conditions
Key Features
Calculates the percentage difference between current price and a user-selected moving average (SMA, EMA, or VWMA)
Computes standard deviation bands using the entire historical dataset
Displays dynamic color changes based on price movement and band positions
Visual Components
Main line: Shows percentage deviation from the moving average
Dashed bands: Upper and lower standard deviation boundaries
Zero line: Reference for neutral position
Color signals:
Red: Price outside standard deviation bands
Green: Above MA and rising
Orange: Below MA but rising
Blue: Other conditions
開源腳本
秉持TradingView一貫精神,這個腳本的創作者將其設為開源,以便交易者檢視並驗證其功能。向作者致敬!您可以免費使用此腳本,但請注意,重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
開源腳本
秉持TradingView一貫精神,這個腳本的創作者將其設為開源,以便交易者檢視並驗證其功能。向作者致敬!您可以免費使用此腳本,但請注意,重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。