MAD - Moving Average Distance
The MAD Indicator uses ATR and the distance to a moving average to determine if price has the potential for mean reversion.
Works on all time frames and pairs. It will only check for the condition at the beginning of a new candle so it doesn't repaint.
A signal will include an arrow on the chart, alert popup and cell phone notification.
Settings:
ATR_Multiplier: Multiplier of ATR for the calculation. (Recommended: 5)
MA_Period: Moving Average Period to use (EMA). (Recommended: 100)
UseAlert: When true this will add a pop up message.
UseNotification: When true this will send a cell phone notification.
