Coding The Mean-Distance Indicator in TradingView.

How to Code the Mean-Reversion Indicator Using Pine Script.

Can we benefit from the position of the moving average relative to the price? Yes, in many ways as we have seen in previous articles. In this article, we will once again see another technique called the distance indicator.

I have just released a new book after the success of my previous one “The Book of Trading Strategies”. It features advanced trend-fol…