What is the highly popular Kurofune Series Volume 4: "Kurofune Schism"?

Kurofune

This time, I, Kurofune, developed a free indicator【Kurofune Deviation】 introduction.

This indicator is free for anyone to download, so please give it a try!

Download Kurofune Deviation

Indicator Points

Moving Average Deviation will be displayed!

What is the Moving Average Deviation?

・ Indicates how far the price is from the moving average

・ Since the price tends to move around the moving average, it becomes a contrarian indicator when it moves too far away.

・Moving Average Deviation = ((today's close - moving average) ÷ moving average) × 100

This time, from Kurofune, an original indicator“Free” will be provided!

Kurofune

Do you usually pay attention to the Moving Average Deviation?

Moving Average Deviation is an indicator that shows how far the price is from the moving average.

As you know, the price tends to move around the moving average, so when deviation is large (price and average line are far apart), it becomes an excellent contrarian signal.

This time, rather than simply displaying the deviation, when the deviation reaches a value you set,

I added these! Please make it your trading companion!!

For more detailed information, visit Kurofune's blog!