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Bappa Moving Average Deviation (With HMA)

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Moving Average Deviation measures how far the price has moved away from a selected moving average.It helps identify overbought, oversold, and mean-reversion opportunities by showing the deviation in points or percentage.

This version includes HMA (Hull Moving Average) as a selectable Field Source, allowing traders to track deviation not only from traditional OHLC inputs, but also from a smoother, faster-reacting moving average.

This is exactly same settings as seen in Zerodha.
Note di rilascio
Moving Average Deviation measures how far the price has moved away from a selected moving average.It helps identify overbought, oversold, and mean-reversion opportunities by showing the deviation in points or percentage.

This version includes HMA (Hull Moving Average) as a selectable Field Source, allowing traders to track deviation not only from traditional OHLC inputs, but also from a smoother, faster-reacting moving average.

This is exactly same settings as seen in Zerodha.
Note di rilascio
Color should change based on MOMENTUM (direction of change)

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