A percentage display of the latest
close to a chosen moving average. For interpretation refer to Steve
Nison's book Beyond Candlesticks.
||((Close(0) - EMA(Close(0), 13)) / EMA(Close(0), 13))
Download to import into Tradecision.
How to use this custom indicator in Tradecision:
- Click Download.
- Save this indicator in a safe location on your hard drive.
- Open Tradecision and in the Tools menu click the Indicator Builder.
- In the Indicator Builder dialog, click Import, locate the saved file and then click OK.
Now you can insert the indicator directly into a price chart or modify it like any other in-built indicator.