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Distance from EMA (@orel_kakoon)
Description (English):
This indicator measures the relative distance between the current price and the 21-period Exponential Moving Average (EMA).
It helps traders visualize when the price is extended above or below its short-term trend, identify potential overbought or oversold conditions, and spot mean-reversion opportunities.
Use it to track momentum shifts and confirm entries or exits based on how far the price deviates from its EMA baseline.
This indicator measures the relative distance between the current price and the 21-period Exponential Moving Average (EMA).
It helps traders visualize when the price is extended above or below its short-term trend, identify potential overbought or oversold conditions, and spot mean-reversion opportunities.
Use it to track momentum shifts and confirm entries or exits based on how far the price deviates from its EMA baseline.
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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。