OPEN-SOURCE SCRIPT

Price/MA Deviation Angle

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This indicator visualizes the angular deviation of price from a selected moving average (default: 21 EMA). It calculates the angle, in degrees, formed by the vertical distance between price and the moving average — assuming a one-bar horizontal distance.

Positive angles indicate upward deviation (bullish pressure).

Negative angles reflect downward deviation (bearish pressure).

0° represents perfect alignment between price and the MA.

±45° thresholds can be used as reference for strong momentum.

This tool offers a normalized, intuitive perspective on price momentum using geometric interpretation rather than price-to-price delta.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.