// Licensed under the Apache License, Version 2.0 // © mihakralj //@version=6 indicator("Mean Absolute %Deviation (MAPD)", "MAPD") //@function Calculates Mean Absolute Percentage Deviation between two sources using SMA for averaging //@param source1 First series to compare //@param source2 Second series to compare //@param period Lookback period for error averaging //@returns MAPD value averaged over the specified period using SMA mapd(series float source1, series float source2, simple int period) => percentage_error = 100 * math.abs((source1 - source2) / source2) if period <= 0 runtime.error("Period must be greater than 0") int p = math.min(math.max(1, period), 4000) var float[] buffer = array.new_float(p, na) var int head = 0 var float sum = 0.0 var int valid_count = 0 float oldest = array.get(buffer, head) if not na(oldest) sum := sum - oldest valid_count := valid_count - 1 if not na(percentage_error) sum := sum + percentage_error valid_count := valid_count + 1 array.set(buffer, head, percentage_error) head := (head + 1) % p valid_count > 0 ? sum / valid_count : percentage_error // ---------- Main loop ---------- // Inputs i_source1 = input.source(close, "Source") i_period = input.int(100, "Period", minval=1) i_source2 = ta.ema(i_source1, i_period) // Calculation error = mapd(i_source1, i_source2, i_period) // Plot plot(error, "MAPD", color=color.new(color.red, 60), linewidth=2, style = plot.style_area) plot(i_source2, "EMA", color=color.yellow, linewidth=1, style = plot.style_line, force_overlay = true)