OPEN-SOURCE SCRIPT
Atualizado

Standard deviation of the exponential moving average

5 359

This indicator emphasizes price movements when it moves away from or closer to the chosen moving average, within the envelope of its standard deviation. It serves as a complement to other indicators or can be used within a strategy by itself.
Notas de Lançamento

Improved deformation emphasis
Notas de Lançamento
* The code has been simplified y optimizado; some variables and the titles of some entries have been renamed.
* Included ema deviation value as input.
* A yellow line is included as a standard deviation of the difference between the value of the moving average and the assigned entry (price) for values ​​below the histogram below 0, just as the blue line at the top already worked for values ​​above to 0.
* Changed both the title of the indicator and the shorttitle.
Notas de Lançamento
* Header information.
* Best graphical example of the indicator
Notas de Lançamento
*Updated to Pine script v.5
Notas de Lançamento
* Correct entry of deviation.
* Input is included as a smoothing option

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