OPEN-SOURCE SCRIPT
Distance from SMA Display
This indicator shows the percentage distance of the price from a selected SMA (e.g., SMA 20) and uses a red or green emoji to indicate whether the price is above or below that SMA. This makes it easier to spot stocks that are far below the SMA for potential long setups, or far above it for potential short setups. In other words, it provides a quick visual way to identify overextended or underextended price conditions relative to the chosen moving average.
In addition, the indicator can display the percentage distance from the daily SMA 150, which is commonly used to determine the broader trend direction. The main purpose of this is to quickly see whether the higher-timeframe trend is bullish (price above the daily SMA 150) or bearish (price below it), helping traders align short-term opportunities with the overall market trend.
In addition, the indicator can display the percentage distance from the daily SMA 150, which is commonly used to determine the broader trend direction. The main purpose of this is to quickly see whether the higher-timeframe trend is bullish (price above the daily SMA 150) or bearish (price below it), helping traders align short-term opportunities with the overall market trend.
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itamar.e
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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。
itamar.e
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。