Amphibiantrading

Extended from Moving Average

This indicator helps avoid chasing extended stocks by showing every time a stock is too far extended from a selected moving average.

Features:
✔️ selectable moving average and source (high, low, close)
✔️ choose to plot or hide the moving average
✔️ selectable distance to be considered too extended
發布通知:
Fixed a typo in code affecting the source
發布通知:
clean up
發布通知:
New option to create a fill between the closing price and selected moving average when the extension is met.
發布通知:
Added functionality to see when price is extended away from the moving average to the downside as well.

Trusted Pine programmer. Send me a message for script development.
開源腳本

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