You can select various ma types as a base anchor for the calculations.
This indicator can have various use cases similar to Supertrend or Parabolic SAR: as a trend indicator, as a training stop loss,...
I AM NOT A FINANCIAL ADVISOR.
THESE IDEAS ARE NOT ADVICE AND ARE FOR EDUCATION PURPOSES ONLY.
ALWAYS DO YOUR OWN RESEARCH!
A little tip is always nice!
I tested it with some past data, the accuracy is encouraging. Your great work is highly appreciated.