MOMENTUM & OSCILLATORS
Bias
How far price has run away from its own average, as a percentage.
spec id: biaslength (default 26)
What does Bias measure?
How far price has run away from its own average, as a percentage. Big positive readings mean the stock is stretched above trend; big negative ones, stretched below.
How is Bias calculated?
Take the 26-candle simple average of the close, subtract it from today's close, and express the difference as a percentage of that average.
Written by reading the engine’s real computation, not a textbook — where the two differ, the page describes what actually runs.
How do I use Bias in a bot?
In the builder, add an indicator of type bias (parameters: length, default 26). Its value becomes an operand you can compare in any entry or exit rule. The engine grades the whole rule honestly: real fills, no look-ahead, half the history held back.
Related indicators
- Bullish engulfingA two-candle reversal pattern: after a down candle, a bigger up candle swallows it whole.
- CCIHow far today's price sits from its normal range, on a scale where roughly ±100 marks the edges of ordinary.
- Forecast oscillatorHow far price has drifted from the straight line that best fits its recent path — in percent.
- CMOA momentum meter running from −100 to +100.
Or browse all 158 indicators in the full library.