Struct ta::indicators::MeanAbsoluteDeviation[][src]

pub struct MeanAbsoluteDeviation { /* fields omitted */ }
Expand description

Mean Absolute Deviation (MAD)

The mean absolute deviation of a data set is the average of the absolute deviations from a central point. It is a summary statistic of statistical dispersion or variability. In the general form, the central point can be a mean, median, mode, or the result of any other measure of central tendency or any random data point related to the given data set. The absolute values of the differences between the data points and their central tendency are totaled and divided by the number of data points.

Formula

MAD(period) = { x1 - ABS(AVG(period)), …, xperiod - ABS(AVG(period)) } / period

Parameters

  • period - number of periods (integer greater than 0). Default is 9.

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