This indicator was created by Fábio Figueiredo (VLAD)
The idea is to show the distance in percentage that the asset is of the SMA of the price, so it is possible to know if the price is very stretched or not
I also added the SMA of "distance of SMA" as extra information.
Notas de Lançamento:
nothing relevant, just changed the default SMA
Protected script
This script is published closed-source and you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
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