OPEN-SOURCE SCRIPT
MA Band Distance Monitor
'MA Band Distance Monitor' indicator is a simple tool for traders who rely on moving averages to make trading decisions. This indicator plots two moving averages of your choice (you can select the type of the moving average), and fills the space between them, creating a "band".
The indicator also generates a table that displays the current price distance from both the fast and slow moving averages, as well as the average of the two. This allows you to quickly assess the strength of the trend and potential entry or exit points.
In addition, the table also shows the average price distance from one to another MA and also the current distance between them, allowing you to compare the current price action to the historical average. This information can help you identify potential trend reversals and assess the overall health of the market.
*** Slow length input must be greater than fast length input, otherwise indicator will produce faulty results
The indicator also generates a table that displays the current price distance from both the fast and slow moving averages, as well as the average of the two. This allows you to quickly assess the strength of the trend and potential entry or exit points.
In addition, the table also shows the average price distance from one to another MA and also the current distance between them, allowing you to compare the current price action to the historical average. This information can help you identify potential trend reversals and assess the overall health of the market.
*** Slow length input must be greater than fast length input, otherwise indicator will produce faulty results
开源脚本
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这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。