FUMO 200 Magnet

What it does

FUMO Magnet measures how far price has stretched away from its long-term “magnet” — a blended EMA/SMA moving average (200 by default).
It plots a logarithmic deviation (optionally normalized) as an oscillator around zero.

• Above 0** → price is above the magnet (stretched up)
  
• Below 0** → price is below the magnet (stretched down)
  
• Guide levels** highlight potential overbought/oversold zones
  

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Why log deviation?

Log returns make extremes comparable across cycles and compress exponential trends — especially useful for BTC and other crypto assets.
Normalization modes further adjust the scale, keeping the oscillator readable on any chart.

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Inputs

**Base**

* Source (default: Close)
* Base Length (default: 200 EMA/SMA)
* EMA vs SMA weight (%) — 0% = pure SMA, 100% = pure EMA, 50% = blended
* EMA smoothing of deviation — acts as a noise filter

**Normalization**

* None (Log Deviation) — raw log stretch in % terms
* Z-score — deviation in standard deviations (σ)
* Robust Z (MAD) — deviation vs median absolute deviation, resistant to outliers
* Tanh squash — smooth nonlinear squash of extremes for compact scale
* Normalization window (for Z / MAD)
* Tanh scale (lower = stronger squash)
* Clamp after normalization — hard cap at ±X

**Levels**

* Guide levels (Upper / Lower) — visual thresholds (default ±12)
* Zero line toggle

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### How to read it

* **Trend bias**: sustained time above 0 = uptrend, below 0 = downtrend
* **Stretch / mean reversion**: the farther from 0, the higher the reversion risk
* **Cross-checks**: combine with structure (HH/HL, LH/LL), volume, or momentum (RSI, MACD)

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### Recommended settings by timeframe

**Long-term (1D / 1W)**

* Normalization: None (Log Deviation)
* Base Length: 200
* EMA vs SMA weight: 50% (adjust 35–65% for faster/slower magnet)
* Deviation smoothing: 20 (10–30 range)
* Guide levels: ±12 to ±20
* Use case: cycle extremes, portfolio rebalancing, trim/add logic

**Swing (4H – 1D)**

* Normalization: Z-score
* Window: 200 (100–250)
* Smoothing: 14–20
* Guide levels: ±2σ to ±3σ
* Use case: stretched conditions across regimes; ±3σ is rare, often mean-reverts

**Intraday / Active swing (1H – 4H)**

* Normalization: Robust Z (MAD)
* Window: 200 (150 for faster response)
* Smoothing: 10–16
* Guide levels: ±3 to ±4 (robust units)
* Use case: handles spikes better than σ, fewer false overbought/oversold signals

**Scalping / Universal readability (15m – 1H)**

* Normalization: Tanh squash
* Tanh scale: 6–10 (start with 8)
* Smoothing: 8–12
* Guide levels: ±8 to ±12
* Use case: compact panel across assets and timeframes; not % or σ, but visually consistent

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### Optional

* Clamp: enable ±20 (or ±25) for strict bounded range (useful for public charts)

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### Quick setups

**BTC Daily (“cycle view”)**

* Normalization: None
* Blend: 50%
* Smooth: 20
* Levels: ±12–15

**BTC 4H (“swing”)**

* Normalization: Z-score
* Window: 200
* Smooth: 16
* Levels: ±2.5σ to ±3σ

**Alts 1H (“volatile”)**

* Normalization: Robust Z (MAD)
* Window: 200
* Smooth: 12
* Levels: ±3.5 to ±4.5

**Mixed assets 15m (“compact panel”)**

* Normalization: Tanh squash
* Scale: 8
* Smooth: 10
* Levels: ±8–12
* Clamp: ±20