Hey everybody.
I am trying to get an indicator that will display the distance of price from a selected moving average.
If the price is 100.00 and the 20 day moving average is at 98.00 then the indicator line would have a reading of 2.00. I would be like an oscillator. Just a line in a pane under the chart showing the changes in the distance of price and the moving average.
I searched for something like this, but could not find anything. I hope I didn't overlook it.
Any help would be great. Thanks