Distance from Moving Average

[Prov1322]

Is there an existing indicator that will monitor the distance between the current price and a Moving Average?

I have completed several search variations but without success.

Any suggestions on this?

Thanks!

JJ

[NinjaTrader_RyanM]

Hi JJ,

I'm not aware of this but you can create easily enough. The following line sets a plot using the absolute value of the difference between close and a SMA.

Value.Set(Math.Abs(Close[0] - SMA(Close, 14)[0]));

[koganam]

Is there an existing indicator that will monitor the distance between the current price and a Moving Average?

I have completed several search variations but without success.

Any suggestions on this?

Thanks!

JJ

And if you want to see it as an oscillator, just yank the "Math.Abs" from Ryan's post thusly:

Value.Set(Close[0] - SMA(Close, 14)[0]);

[Prov1322]

Thanks to both RyanM and koganam for the code lines...now just have to figure out how to cut/paste/create from a built-in, system indicator...(and I will...!)

JJ