This unique indicator is a brand new idea made possible by legendary trader "Mr. Yen" (@realbrianwatt) and is available now for 100% FREE instant download! This tool will show you on a lower chart study, the distance in % between the current candles close and a moving average of your choice. This tool is a perfect "Relative Strength", and "Relative Weakness" guide, which highlights the strength or weakness of the stock/index you are viewing. Mix and match different moving averages in the dropdown menu and quickly understand the stock/index you are trading in greater detail!
Additional Note: For us to send free updates for our indicators, we require users to complete the checkout process - even though the indicator is totally free! Available now for TOS.
Timeframe recommended: All time Frames.
Created For: Large Caps, Small Caps, and Futures
(Note: This Indicator is for entertainment purposes only and is not a recommendation to buy or sell a security)
