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  • Reviews (11)
  • Comments (3)

Colored Adaptive Moving Average AMA

4.86

If you like to use traditional Moving Averages (like SMAs and EMAs) to provide your trades for dynamic levels of Support and Resistance, you will love the Adaptive Moving Average (AMA). Created in 1995 by Perry Kaufman and presented to the world in his book "Smarter TradingImproving Performance in Changing Markets", the Adaptive Moving Average (also known as KAMA - Kaufman Adaptive Moving Average) has the goal to be the perfect companion for following a trend without noise, but smooth and fast enough to be useful to the trader.

The AMA will adjust itself when price swings widen (volatility increases) and at the same time when the market is calm the AMA will follow prices close enough to give you the best of both worlds, acting as a overall trend status and dynamic Support & Resistance and Momentum turing points.

There is an excelent article on the step by step calculation of AMA, if you need more information:
https://school.stockcharts.com/doku.php?id=technical_indicators:kaufman_s_adaptive_moving_average

As there are NO rights or wrongs for setting moving averages, you need to calibrate the AMA to the Symbol, Timeframe and Strategy you intend to use in order to have a perfect fit for your trades. This version of AMA is colored, so you will have a 2-color configurable set when the AMA is in a Uptrend or a Downtrend.


SETTINGS

  • AMA Period
  • Fast EMA Period. This is a Smoothing Constant - part of AMA calculation. Leave it at 2 at the beginning. Then when you need more behavior you can play with this and the following input.
  • Slow EMA Period. The second Smoothing Constant. Leave it at 30 at the beginning.


If you like this indicator, all I am asking is a little Review (not a Comment, but a REVIEW!)...   

This will mean A LOT to me... And this way I can continue to give away Cool Stuff for Free...

With No Strings Attached!  Ever!


Live Long and Prosper!

;)

Reviews 11
Fernando Alonso
1024
Fernando Alonso 2022.09.11 21:23 
 

Very good ¡¡¡¡

Claudios
270
Claudios 2020.11.04 17:20 
 

Ottimo indicatore

santosjpa
137
santosjpa 2020.08.26 02:48 
 

Excelente!

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First of all Its worth emphasizing here that this Trading Tool is Non Repainting , Non Redrawing and Non Lagging Indicator , Which makes it ideal for professional trading . Online course, user manual and demo. The Smart Price Action Concepts Indicator is a very powerful tool for both new and experienced traders . It packs more than 20 useful indicators into one , combining advanced trading ideas like Inner Circle Trader Analysis and Smart Money Concepts Trading Strategies . This indicator focus
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Vahidreza Heidar Gholami
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MetaBands uses powerful and unique algorithms to draw channels and detect trends so that it can provide traders with potential points for entering and exiting trades. It’s a channel indicator plus a powerful trend indicator. It includes different types of channels which can be merged to create new channels simply by using the input parameters. MetaBands uses all types of alerts to notify users about market events. Features Supports most of the channel algorithms Powerful trend detection algorith
Introducing   Quantum Breakout PRO , the groundbreaking MQL5 Indicator that's transforming the way you trade Breakout Zones! Developed by a team of experienced traders with trading experience of over 13 years,   Quantum Breakout PRO   is designed to propel your trading journey to new heights with its innovative and dynamic breakout zone strategy. Quantum Breakout Indicator will give you signal arrows on breakout zones with 5 profit target zones and stop loss suggestion based on the breakout b
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Market Momentum PRO
Flavio Javier Jarabeck
The Market Momentum indicator is based on the Volume Zone Oscillator (VZO), presented by Waleed Aly Khalil in the 2009 edition of the International Federation of Technical Analysts journal, and presents a fresh view of this market valuable data that is oftenly misunderstood and neglected: VOLUME. With this new approach of "seeing" Volume data, traders can infer more properly market behavior and increase their odds in a winning trade. "The VZO is a leading volume oscillator; its basic usefulness
Filter:
soeuseidoni10
74
soeuseidoni10 2024.05.20 00:46 
 

O indicador é ótimo, se possível adicionar setas de compra e vendas ficaria perfeito.

Flavio Javier Jarabeck
318603
Reply from developer Flavio Javier Jarabeck 2024.05.20 03:29
Prometo um sistema de alertas, mas vou ter que postar um produto pago... não é algo trivial assim... Você pagaria USD 35,00?
Fernando Alonso
1024
Fernando Alonso 2022.09.11 21:23 
 

Very good ¡¡¡¡

Dorian E.
166
Dorian E. 2022.06.04 19:30 
 

JUST NEEDS AN ALERT!

mchelpmf
186
mchelpmf 2022.02.05 14:46 
 

very good, I recommend using it together with the Hull MA indicator. so there is a very interesting degree of accuracy

lxslxslxs
94
lxslxslxs 2021.03.25 05:43 
 

不错,不错,很好的指标!

Saeed Sadeghi Zangene
16
Saeed Sadeghi Zangene 2021.03.11 19:04 
 

User didn't leave any comment to the rating

Aleksandr Tamonin
4107
Aleksandr Tamonin 2021.01.24 10:07 
 

User didn't leave any comment to the rating

Claudios
270
Claudios 2020.11.04 17:20 
 

Ottimo indicatore

santosjpa
137
santosjpa 2020.08.26 02:48 
 

Excelente!

Wan Ping Fei
1690
Wan Ping Fei 2020.08.19 04:34 
 

✔✔✔✔✔

Detleff Böhmer
2936
Detleff Böhmer 2020.08.07 09:59 
 

Ein sehr guter Indikator für Trenderkennung und Trendstärke. Kombination mit 10 / 5 / 30 kann man sehr gut handeln.

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