Wednesday, July 24, 2024

Tradingview.com | Median Proximity Percentile [AlgoAlpha]

  Introducing the "Median Proximity Percentile" by AlgoAlpha, a dynamic and sophisticated trading indicator designed to enhance your market analysis! This tool efficiently tracks median price proximity over a specified lookback period and finds it's percentile between 2 dynamic standard deviation bands, offering valuable insights for traders looking to make informed decisions.


🌟 Key Features:
  • Color-Coded Visuals: Easily interpret market trends with color-coded plots indicating bullish or bearish signals.
  • Flexibility: Customize the indicator with your preferred price source and lookback lengths to suit your trading strategy.
  • Advanced Alert System: Stay ahead with customizable alerts for key trend shifts and market conditions.

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