Custum Deviation + xEMA_DFMA alpha — Indicator by ALEXSHORT

Standard Deviation Exponential Moving Average (EMA)

This indicator is still an alpha version.

This indicator shows you that deviation from specific EMA (Red Line). It can help you to do Countertrade when price "skyrockets" or "Sudden drop".
Blue Line show you that sum of difference from Moving Average of 5 types EMAs. It shows "Divergence" like MACD.

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