OPEN-SOURCE SCRIPT
Dynamic Deviation Levels [BigBeluga]

Dynamic Deviation Levels is an innovative indicator designed to analyze price deviations relative to a smoothed midline. It provides traders with visual cues for overbought/oversold zones, price momentum, levels through labeled deviations and gradient candle coloring.
🔵Key Features:
🔵Usage and Benefits:
Dynamic Deviation Levels [BigBeluga] is an indispensable tool for traders aiming to combine price dynamics, momentum analysis, and visual clarity in their trading strategies.
🔵Key Features:
- Smoothed Midline:
A central line calculated as a smoothed median of the price source, serving as the baseline for price deviation analysis. - Dynamic Deviation Levels:
- Three deviation levels are plotted above and below the midline, with labels (1, 2, 3, -1, -2, -3) marking significant price movements.
- Helps traders identify overbought and oversold market conditions. - Heat-Colored Candles:
- Candle colors shift in intensity based on the deviation level, with four gradient shades for both upward and downward movements.
- Quickly highlights market extremes or stable zones. - Interactive Color Scale:
- A gradient scale at the bottom right of the chart visually represents deviation values.
- A triangle marker indicates the current price deviation in real time. - Optional Deviation Levels Display:
- Traders can enable all dynamic levels on the chart to visualize support and resistance areas dynamically.
🔵Usage and Benefits:
- Identify Overbought/Oversold Zones: Use labeled deviation levels and heat-colored candles to spot stretched market conditions.
- Track Trend Reversals and Momentum: Monitor price interactions with deviation levels for potential trend continuation or reversal signals.
- Real-Time Deviation Insights: Leverage the color scale and triangle marker for live deviation tracking and actionable insights.
- Map Dynamic Support and Resistance: Enable dynamic levels to highlight key areas where price reactions are likely to occur.
Dynamic Deviation Levels [BigBeluga] is an indispensable tool for traders aiming to combine price dynamics, momentum analysis, and visual clarity in their trading strategies.
오픈 소스 스크립트
진정한 트레이딩뷰 정신에 따라 이 스크립트 작성자는 트레이더가 기능을 검토하고 검증할 수 있도록 오픈소스로 공개했습니다. 작성자에게 찬사를 보냅니다! 무료로 사용할 수 있지만 코드를 다시 게시할 경우 하우스 룰이 적용된다는 점을 기억하세요.
🔵Gain access to our powerful tools : bigbeluga.com/tv
🔵Join our free discord for updates : bigbeluga.com/discord
All scripts & content provided by BigBeluga are for informational & educational purposes only.
🔵Join our free discord for updates : bigbeluga.com/discord
All scripts & content provided by BigBeluga are for informational & educational purposes only.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
오픈 소스 스크립트
진정한 트레이딩뷰 정신에 따라 이 스크립트 작성자는 트레이더가 기능을 검토하고 검증할 수 있도록 오픈소스로 공개했습니다. 작성자에게 찬사를 보냅니다! 무료로 사용할 수 있지만 코드를 다시 게시할 경우 하우스 룰이 적용된다는 점을 기억하세요.
🔵Gain access to our powerful tools : bigbeluga.com/tv
🔵Join our free discord for updates : bigbeluga.com/discord
All scripts & content provided by BigBeluga are for informational & educational purposes only.
🔵Join our free discord for updates : bigbeluga.com/discord
All scripts & content provided by BigBeluga are for informational & educational purposes only.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.