Deviation from MA

[Alexander.Gettinger]

Indicator show deviation between MA and price.
For find the maximums used [Frame] bars (as for fractals).
Arrow are shown maximums of the deviation of the price from MA.

Download:

MaDev.lua

(5.54 KiB) Downloaded 1102 times

Also, there is a oscillator version.
Download:

MaDevOsc.lua

(5.41 KiB) Downloaded 1006 times

For this indicators must be installed AVERAGES indicator: viewtopic.php?f=17&t=2430

The indicator was revised and updated

[Alexander.Gettinger]

Strategy on this indicator: viewtopic.php?f=31&t=3297

[craige]

Hey Guys

thanks for the great effort

I observed this indicator for 5 hours consecutively, finding it is a lagging indi.

during the process of the observation, after the fifth candle closed, there is a arrow emerged on the second candle.

do I miss something, or I got the wrong parameter setting?

thank you

[RJH501]

Hello Alexander,

When you get time could you develop a signal that occurs whenever a buy or sell histogram marker occurs?

Thank you,

Richard

[Apprentice]

Indicator was revised and updated.