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Distance from MA

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  • Distance from MA

    Is there an existing EFS that plots the distance of price from an MA of user's definition? This would work on any time frame as well. I have tried searching this board to no avail.

    Thanks in advance.

    Alex.

  • #2
    Alex
    See this post in which the efs calculates the distance between the Close and an MA
    In this other post the efs calculates the distance between two MAs and triggers an alert when it is greater than x. You can set one of the them to Length = 1 and select the Source as OHLC, HL/2, etc and it will act as a proxy for the price you want to measure
    Alex

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    • #3
      late, but never-the-less, thanks very much.

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