OPEN-SOURCE SCRIPT

Simple MAD

55
Simple MAD is a lightweight and customizable indicator that calculates the Median Absolute Deviation (MAD) over a configurable period to measure market volatility. It dynamically displays Stop-Loss (SL) and Take-Profit (TP) levels based on MAD multipliers, both in absolute price and percentage terms.

The indicator includes a clean, watermark-style table with full layout controls — allowing you to adjust position, text size, alignment, and colors. It supports both manual entry price and automatic use of the latest close, making it ideal for traders who want to manage risk with precision and clarity.

Perfect for swing traders, volatility-based strategies, and anyone looking to integrate MAD into their decision-making.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.