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Re: MT5 Moving Averages (MAs)

Centaur, Sat Feb 05, 2022 3:25 am

Kaufman's Adaptive Moving Average (KAMA)

Developed by Perry Kaufman, Kaufman's Adaptive Moving Average (KAMA) is a moving average designed to account for market noise or volatility. KAMA will closely follow price when the price swings are relatively small and the noise is low. KAMA will adjust when the price swings widen and follow price from a greater distance. This trend-following indicator can be used to identify the overall trend, time turning points, and filter price movements.

I've Included ATR bands, for No Nonsense Forex Traders. ATR is based on Wilders original calculations, meaning the ATR smoothing is via a rolling moving average and not some made-up garbage.

Indicator can be used as a BASELINE for NNFX traders.

I've also included an entire set of price derivatives to choose from.

Please don't ask me to amend this indicator for Alert notifications. My answer is and always will be DIY...

For use in an EA, buffer numbers are as follows: 0 - KAMA_LINE, 1 - UPPER_ATR_LINE, 2 - LOWER_ATR_LINE.
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