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Indicator to measure distance from a mean?

Hi All,

I wonder if there is an indicator that acts as an oscillator showing the distance from a moving average. I am aware of most oscillators, but most show the current price relative to the range of prior prices for a particular period. I am looking for an oscillator that might show the distance from the 50-day moving average, 200-day moving average, etc., as part of a possible mean-reversion strategy. Thanks.



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