registry / @miesoncharts
@miesoncharts
3 public packages
Deviation Trend measures how far price has stretched away from its own recent average, in units of how much it normally moves, and turns that into a trend signal.
Trend-following tool that combines two ideas: a multi-horizon momentum vote to decide the direction of the market, and an ATR-based ratcheting trailing stop to ride and eventually exit the move.
This indicator fits a linear regression line to price over a rolling window and draws a corridor around it based on the statistical error of that fit.