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
Breadth IndicatorsMoving Averages

开源脚本

本着真正的TradingView精神,此脚本的作者已将其开源,以便交易者可以理解和验证它。向作者致敬!您可以免费使用它,但在出版物中重复使用此代码受网站规则约束。 您可以收藏它以在图表上使用。

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免责声明