The MAD Indicator (Moving Averge Delta)
Topic: The MAD Indicator (Moving Averge Delta)
MAD stands for Moving Average Delta, it calculates the difference between two points of an moving average. The curve shows the different in Pips.
By calculating the delta between two points we can see more small changes in the direction of the moving average curve which are normally hard to see. You can see the MAD curve as look through the microskope at a simple moving average curve. It may help predicting a trend change before it happens, the sample shows a beginning trend change from long to short.