Less Laggy MAMA Mesa Adaptive Moving Average using FAMA (Following Adaptive MA)

From Mladen:

Usually MESA Adaptive Moving Average (MAMA) is displayed on chart as two values. That sometimes is misleading since it is not often explained what are the traders actually looking at then.

The second value displayed on chart is what John Ehlers calls "a Following Adaptive Moving Average (FAMA)", and this indicator uses the combined values of MAMA and FAMA to assess the trend of the market.

It's an oldie but trying to modernize it a bit. This version is using a less lagging smoothing feature built in was done by Mladen a long time ago, I just kind of updated it adding filling, candles, shadow lines and a button.

For additional information on the Mesa Adaptive MA & a PDF please see: Mesa Adaptive Moving Average.