Mean Deviation (MEANDEVIATION)
StratCraft indicator page for average distance from a moving average.
Route: /indicators/meandeviation/
What It Does
MEANDEVIATION measures how far price typically moves away from its moving-average baseline over the lookback window.
Formula
Mean Deviation = average(|Price - Moving Average|)
Parameters
period- default20movav- defaultMovingAverageSimple
C++23 API
#include <nonabt/indicators/meandeviation.hpp>
auto meanDev = std::make_unique<nonabt::MEANDEVIATION>(data().close(), 20, "MovingAverageSimple");
Common Usage
- Use it as a volatility context measure around a baseline.
- Combine it with band-style systems or breakout filters.
- Helpful when you need a direct average-distance reading instead of a standard deviation.
