BIAS
BIAS
Description
Shows the percentage difference between the close
and 3 different moving averages of close.
Category
Momentum Indicators
Parameters
L1 ( Default: 6
Min: 1 Max: 300 )
L2 ( Default: 12
Min: 1 Max: 300 )
L3 ( Default: 24
Min: 1 Max: 300 )
Chart Script
BIAS1 : (CLOSE-MA(CLOSE,L1))/MA(CLOSE,L1)*100;
BIAS2 :
(CLOSE-MA(CLOSE,L2))/MA(CLOSE,L2)*100;
BIAS3 :
(CLOSE-MA(CLOSE,L3))/MA(CLOSE,L3)*100;