mrtools wrote: Fri Dec 24, 2021 3:58 pm This version works correctly except in mtf mode, still working on that bug.
Mesa Adaptive Moving Average
The MESA Adaptive Moving Average is a technical indicator for trend-following which, according to its creator, adapts to price movement “based on the rate change of phase as measured by the "Hilbert Transform Discriminator”. This method of adaptation features a fast and a slow moving average so that the composite moving average swiftly responds to price changes and holds the average value until the next bars close
Thanks Mrtools and vvFish for sharing your good settings.
MTF is always handy but for the time being, I think we can still make use of this indicator. Here are some settings I like at the moment:
- Time frame: Current
- Price to use: Heiken Ashi (Better Formula) Close
- Price pre filtering period: 21 (Fibonacci numbers for indicators)
- Price pre filtering method: Double Smoothed Exponential Average
PS: Also, the article by John Ehlers on the Mesa Adaptive Moving Average in case you're new to this indicator.
