This indicator helps avoid chasing extended stocks by showing every time a stock is too far extended from a selected moving average.
Features:
✔️ selectable moving average and source (high, low, close)
✔️ choose to plot or hide the moving average
✔️ selectable distance to be considered too extended
Features:
✔️ selectable moving average and source (high, low, close)
✔️ choose to plot or hide the moving average
✔️ selectable distance to be considered too extended
Информация о релизе:
Fixed a typo in code affecting the source
Информация о релизе:
clean up
Информация о релизе:
New option to create a fill between the closing price and selected moving average when the extension is met.
Информация о релизе:
Added functionality to see when price is extended away from the moving average to the downside as well.