OPEN-SOURCE SCRIPT

Z-Score Indicator by Raf

If the z-score goes above 2, this may indicate overbought and If the z-score goes below -2, this may indicate oversold
Exponential Moving Average (EMA)meanstandarddevationStandard Deviationstatisticsstatsz-scorezscorezscoreindicatorzscore-strategy

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?

Disclaimer