OPEN-SOURCE SCRIPT
DEVIATION OF THE STOCHASTIC INDICATOR
This new technical indicator uses the stochastic oscillator as its base and calculates the deviation of its moving average, generating an alternative view of market volatility.
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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