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Deviation from 20SMA

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This indicator looks to display the variance from the 20SMA relative to the closing candle and the 20SMA. It uses Bollinger Bands to show extreme deviation when price moves in one direction too quickly. The decimal numbers are a representation of the price away from the 20SMA relative to the value of the ticker "(close - sma20) / close". This reduces extremes of nominal value as the price of the ticker gets higher.
Nota Keluaran
This indicator looks to display the variance from the 20SMA relative to the closing candle and the 20SMA. It uses Bollinger Bands to show extreme deviation when price moves in one direction too quickly. The decimal numbers are a representation of the price away from the 20SMA relative to the value of the ticker "(close - sma20) / close". This reduces extremes of nominal value as the price of the ticker gets higher.
This can be used on all timeframes in conjunction with other indicators.
Nota Keluaran
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Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.