PROTECTED SOURCE SCRIPT
MA Distance Indicator

The distance from a moving average is a common way to look at how extended a stock is. This simplifies it a bit by plotting the distance below the chart, so you don't have to eyeball estimate it.
This indicator allows plotting the distance from 2 MAs, one is a histogram and one is a line.
The line MA is off by default.
The scale factor is in case you are using it intraday, it helps with small multiples of the Moving Average that would be common intraday.
"Scale by" lets you decide if the distance is measured as a percentage of the moving average level or as a count of ATRs.
This indicator allows plotting the distance from 2 MAs, one is a histogram and one is a line.
The line MA is off by default.
The scale factor is in case you are using it intraday, it helps with small multiples of the Moving Average that would be common intraday.
"Scale by" lets you decide if the distance is measured as a percentage of the moving average level or as a count of ATRs.
受保护脚本
此脚本以闭源形式发布。 但是,您可以自由使用它,没有任何限制 — 在此处了解更多信息。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
受保护脚本
此脚本以闭源形式发布。 但是,您可以自由使用它,没有任何限制 — 在此处了解更多信息。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。