CARNAC Elasticity Indicator
The CARNAC Elasticity Indicator calculates price deviation from an Exponential Moving Average, helping traders identify potential overbought and oversold market conditions.
Separate pane · unverifiedScalping · Day Trading
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![Navier-Cauchy Market Elasticity [PhenLabs] chart preview](https://s3.tradingview.com/u/UddshDwn.png?v=1748354258)