OPEN-SOURCE SCRIPT
Updated Price Bubble Meter (Moving Average to Price Distance)
This indicator measures Price Distance (in %) from any given Moving Average.
It will help you see if the price is over extended or in the fair price zone.
Trend Analysis
DCA Opportunity Finder
Yes you can manually measure it all using a ruler, but aint no one got time for that foo.
It will help you see if the price is over extended or in the fair price zone.
Trend Analysis
- How much % higher is the current price compared to 200W SMA
- What % has been the maximum price rise from 200W SMA
- What % has been the lowest price fall from 200W SMA
DCA Opportunity Finder
- How much % higher is the current price compared to 2 year SMA
- What % has been the maximum price rise from 2 year SMA
- What % has been the lowest price fall from 2 year SMA
Yes you can manually measure it all using a ruler, but aint no one got time for that foo.
Release Notes
Switching to 2 year on weekly timeframeRelease Notes
Change the logic to capture Lows and HighsRelease Notes
added display for historic min and max bubble levelsOpen-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.