I was curious if anyone has any experience with using 'distance from MA'. Here's what I mean. Lets say a stock is trading at $45 and its 50 day MA is at $40. We can create an indicator of sorts by taking the difference and then normalizong (say by dividing by the share price). If we continue to do this for every series (daily close and each corresponding 50 day MA) we get a sort of indicator which flows as/if the security goes up and down criss crossing its 50 day MA. Needless to say, you can use any MA, I just used the 50 day one as an example. I first ran into this idea when reading thestreet.com. John Roque quite often writes about it and uses it in his graphs (although he goes through some more complex iterations - but the main element is still distance from MA). So? any comments?