PROTECTED SOURCE SCRIPT
Mis à jour

FX Multi ZScore Plot

2 448
This script was created to help me visualize the location of price within all main 7 averages at once (5,10,20,50,100,200,400)

It uses the Z Score function which basically tells you the distance between Price and a certain average in units of Standard Deviation.

If the indicator has a value above 0, it means price is currently trading above such average. If below 0, price is trading below.

By plotting all averages you have a wider view of where price is trading short, medium and long term.

If you have any questions/suggestions feel free to add a comment below

Notes de version
Update: Just made some changes so that the indicator can be applied to any symbol regardless of market.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.