OPEN-SOURCE SCRIPT
已更新 TS Aggregated Median Absolute Deviation
TS Aggregated Median Absolute Deviation (MAD) Indicator Explanation
Overview
The TS Aggregated Median Absolute Deviation (MAD) is a powerful indicator designed for traders looking for momentum-based strategies. By aggregating the Median Absolute Deviation (MAD) across multiple timeframes, it provides a comprehensive view of market dynamics. This indicator helps identify potential reversal points, overbought/oversold conditions, and general market trends by leveraging the concept of MAD, which measures price dispersion from the median.
Signal Generation:
Long Signal: Triggered when the price moves above the aggregated upper band
Short Signal: Triggered when the price moves below the aggregated red band
Alerts:
Real-time alerts are integrated to notify the user of long or short signals when confirmed:
Long Signal Alert: "TS MAD Flipped ⬆LONG⬆"
Short Signal Alert: "TS MAD Flipped ⬇Short⬇"
Optimization:
Adjust thresholds, MAD lengths, and multipliers for each timeframe to suit the specific asset and market conditions.
Experiment with enabling/disabling MAD components to focus on particular timeframes.
Overview
The TS Aggregated Median Absolute Deviation (MAD) is a powerful indicator designed for traders looking for momentum-based strategies. By aggregating the Median Absolute Deviation (MAD) across multiple timeframes, it provides a comprehensive view of market dynamics. This indicator helps identify potential reversal points, overbought/oversold conditions, and general market trends by leveraging the concept of MAD, which measures price dispersion from the median.
Signal Generation:
Long Signal: Triggered when the price moves above the aggregated upper band
Short Signal: Triggered when the price moves below the aggregated red band
Alerts:
Real-time alerts are integrated to notify the user of long or short signals when confirmed:
Long Signal Alert: "TS MAD Flipped ⬆LONG⬆"
Short Signal Alert: "TS MAD Flipped ⬇Short⬇"
Optimization:
Adjust thresholds, MAD lengths, and multipliers for each timeframe to suit the specific asset and market conditions.
Experiment with enabling/disabling MAD components to focus on particular timeframes.
發行說明
//發行說明
Bar Color as been added發行說明
Update to the bar color發行說明
alert update發行說明
Benefits of the New Version:Enhanced histogram: shows the percentage deviation with gradient colors based on trend strength and direction:
Positive deviations are shown in purple shades.
Negative deviations are shown in orange/red shades.
Smooth transitions between colors reflect momentum changes in the deviation.
This new histogram improves clarity and allows traders to better analyze the strength of price deviations from the median.
Greater Customization: Users can now tailor overbought/oversold levels to their trading style.
Improved Alerts: Comprehensive notifications help users take timely actions.
Enhanced Visualization: Clearer band normalization and background highlights offer better situational awareness.
Adaptability: OB/OS 2 dynamically adjusts to market volatility, making it more effective in varying conditions.
發行說明
Repainting issue should be fixed發行說明
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開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。