OPEN-SOURCE SCRIPT
EMA Price Distance Tracker
This simple indicator tracks the distance that the price is from a moving average. This can be helpful when looking for reversals based on historical informaiton.
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.
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