TradingView
SmartYoloPro
23 de Jul de 2021 13:57

Bias(Deviation Rate) 

NVIDIA CorporationNASDAQ

Descrição

Deviation rate (BIAS), by calculating the distance between the closing price and a moving average to reflect the reversal created by the degree of deviation between the price and the moving average during a certain period of time.

Above the zero axis is called positive deviation and belongs to the bullish zone, while below the zero axis is called negative deviation and belongs to the bearish zone.

Regardless of whether it is a positive deviation or a negative deviation, whenever the gap between the stock price and the moving average becomes larger, it means that the stock price has an overbought/oversold condition, and a high probability will result in a reversal.
Comentários
Gototheuranus
It seems simple yet very useful. you are a genius Can I use another indicator?
UnknownUnicorn40403838
hey there ive just came across this indicator is it ok to use on forex currency pairs
nglaiwai
Hi, can i have the access on this indicator? Thanks.
SmartYoloPro
@nglaiwai, Hi, just click LIKE the above indicator you can use it in your chart. TQ
Mais