OPEN-SOURCE SCRIPT

Custom 4 MA & Probability (KenshinC) [English]

536
Custom 4 MA - Fast / Normal / Slow / Super Slow with Deviation Analysis
This powerful multi-timeframe moving average indicator combines four strategically chosen Simple Moving Averages with advanced deviation analysis to help traders identify extreme price levels and mean-reversion opportunities.Key Features:Flexible MA Modes: Choose between calculating All 4 MAs simultaneously or Single MA Only for cleaner charts and better performance.
Four Strategic Periods:Fast MA (16) – Short-term momentum
Normal MA (100) – Medium-term trend
Slow MA (365) – Long-term trend (approximately 1 year on daily)
Super Slow MA (1460) – Very long-term trend (approximately 4–5 years on daily)

Advanced Deviation Analysis:
Automatically detects and tracks the strongest Top and Bottom percentage deviations from each MA within a configurable lookback window.
Visual Extreme Levels: Displays dashed horizontal lines for the top 5 highest and lowest deviation levels of each active MA, making overextended zones clearly visible.
Historical Labels: Marks significant Top and Bottom deviation points directly on the chart with detailed information (price + % deviation).
Statistics Table: Real-time table showing Start Date, Candles Above/Below MA, and percentage distribution for each active MA.
Fully Customizable: Colors, label sizes, number of extreme points, and lookback period are all adjustable.

Ideal For:
Mean-reversion traders
Swing and position traders
Traders who use multiple timeframe moving averages
Identifying high-probability reversal zones when price deviates significantly from long-term averages

Whether you're trading breakouts, pullbacks, or looking for exhaustion points, this indicator provides clear visual references for both trend strength and extreme price behavior.

Wyłączenie odpowiedzialności

Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.