OPEN-SOURCE SCRIPT
TASC 2021.10 - MAD Moving Average Difference
Presented here is code for the "Moving Average Difference" indicator originally conceived by John Ehlers, also referred to as MAD. This is one of TradingView's first code releases published in the October 2021 issue of Trader's Tips by Technical Analysis of Stocks & Commodities (TASC) magazine.
This indicator has a companion indicator that is discussed in the article entitled Cycle/Trend Analytics And The MAD Indicator, authored by John Ehlers. He's providing an innovative double dose of indicator code for the month of October 2021.
John Ehlers generally describes it as a "thinking man's" MACD. MAD has similar, yet distinct, intended operation. For those of you familiar with the MACD indicator operation, you will find MACD adjustments having defaults of 12 and 26, while MAD has comparable adjustments with defaults of 8 and 23. These are intended for adjustment, same as any other oscillator.
The MAD indicator can be basically described as two simple moving averages applied within a "rate of change" (ROC) calculation.
Further Related Information
• SMA
• ROC
Join TradingView!
This indicator has a companion indicator that is discussed in the article entitled Cycle/Trend Analytics And The MAD Indicator, authored by John Ehlers. He's providing an innovative double dose of indicator code for the month of October 2021.
John Ehlers generally describes it as a "thinking man's" MACD. MAD has similar, yet distinct, intended operation. For those of you familiar with the MACD indicator operation, you will find MACD adjustments having defaults of 12 and 26, while MAD has comparable adjustments with defaults of 8 and 23. These are intended for adjustment, same as any other oscillator.
The MAD indicator can be basically described as two simple moving averages applied within a "rate of change" (ROC) calculation.
Further Related Information
• SMA
• ROC
Join TradingView!
Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
Tools and ideas for all Pine coders: tradingview.com/u/PineCoders/
Pine news broadcasts: t.me/PineCodersSquawkBox or twitter.com/PineCoders
TASC: traders.com/
Pine news broadcasts: t.me/PineCodersSquawkBox or twitter.com/PineCoders
TASC: traders.com/
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
Tools and ideas for all Pine coders: tradingview.com/u/PineCoders/
Pine news broadcasts: t.me/PineCodersSquawkBox or twitter.com/PineCoders
TASC: traders.com/
Pine news broadcasts: t.me/PineCodersSquawkBox or twitter.com/PineCoders
TASC: traders.com/
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.