BMA using ATR with MACD and Fractals

I use this indicator mainly on forex and indexes. I am primarily a "return to trend" trader operating in ranging markets. I have not tried this indicator on Crypto and my gut says it will be less effective on Crypto because the volatility is too high.

The concept is using a longer ATR (default 250) as a normalized base for measuring how far price has deviated from "The Norm".

By default this Indicator uses the 50 period SMA as "The Norm". This can be changed.

I'm using a long ATR because the indicator can then automatically adjust to different time frames and instruments.
BMA indicators based on fixed values will need to be fine tuned to every combination of time frame and instrument. Too much hard work. A long term ATR makes sense as a normalizer.

Price can often behave like an elastic band, which eventually comes back to The Norm, and also often overshoot it.

This indicator shows how far from "The Norm" that price currently is, in a visually easy way to comprehend.
I usually set TP at "The Norm", or at 1 ATR beyond The Norm. "The Norm" kind of comes to price as price approaches "The Norm". Relatively bad TP to SL ratio sometimes, then reject the trade. But good win rate on Forex.

I'm looking for confirmation from MACD and Fractals, both built in to the main chart. If both look supportive, then its a high conviction trade. If neither support, I don't trade.

Both are built into the main chart. The MACD is superimposed on the top band in red or green.
Going forward, I might add alternatives to the MACD oscillator confirmation, such as a Stochi.

I'm also working on using the gradient of the baseline SMA, and/or using price crossing shorter MAs as potential addition signals to support the elastic return to "Norm".

I've indluded two shorter MAs in the current version that can be switched on to start of studying that.