ATR% Multiple from MA (with QQQ Reference)

ATR% Multiple from MA (with QQQ Reference)
This indicator measures how extended a stock's price is from its moving average, normalized by volatility (ATR). It's useful for identifying overbought/oversold conditions and timing profit-taking.

How it works:
ATR% = ATR / Current Price (volatility as % of price)
% Gain From MA = How far price is from the moving average
ATR% Multiple From MA = % Gain From MA ÷ ATR%

Features:
Displays ATR% Multiple for the current symbol
Adds QQQ ATR% Multiple as a market benchmark reference
Shows % Gain From MA and ATR % for additional context
Customizable MA type (SMA, EMA, WMA, VWMA) and lengths

Usage:
Values of 7-10+ suggest taking partial profits (price is extended)
Negative values suggest oversold conditions
Compare your stock's extension to QQQ to gauge relative strength

Inspired by jfsrev's original ATR% Multiple from 50-MA concept, with added QQQ market reference: tradingview.com/v/oimVgV7e/