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Daily 9 SMA S/R with Std Dev

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This indicator plots the Daily 9 Simple Moving Average as dynamic support/resistance on any timeframe, with standard deviation bands to measure trend strength and identify overextended price action.

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HOW IT WORKS
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The Daily 9 SMA acts as a key level institutions watch. When price is above it, bullish bias. Below it, bearish bias. Simple.

Standard deviation bands show you:
- 1 StdDev = Strong trend territory
- 2 StdDev = Extreme/overextended - potential reversal zone

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FEATURES
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- Daily 9 SMA plotted on any timeframe
- 1 & 2 Standard Deviation bands
- Trend strength scoring (-3 to +3)
- Info table showing current values and trend status
- Visual signals for MA reclaims, losses, and trend entries

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ALERTS
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- Price Reclaims Daily 9 SMA
- Price Loses Daily 9 SMA
- Enter Strong Bullish Zone (>1 StdDev)
- Enter Strong Bearish Zone (<1 StdDev)
- Extreme Extension Alerts (2 StdDev)
- Bounce/Rejection at MA

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HOW TO USE
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1. Use on lower timeframes (5m, 15m, 1H) to see Daily levels
2. Look for bounces off the Daily 9 SMA for entries
3. Avoid longs when price loses the MA, avoid shorts when price reclaims
4. Use StdDev bands to gauge when price is overextended

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SETTINGS
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- MA Length - Default 9
- StdDev Multipliers - Default 1.0 and 2.0
- StdDev Lookback - Default 20
- Customizable colors

Works on any market - Forex, Crypto, Stocks, Futures.

Feragatname

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