mntiwana wrote: ↑Tue Jul 03, 2018 4:12 amit is all about experimenting to find the best suitable fitting - a kind of learning
Dear mntiwna and mrtools!
Do you have any newer ama with alerts and filter? I posted one mq4 with alert 2017 here:
https://forex-station.com/viewtopic.php ... 1295366240
Maybe you can add similiar filters like mladens attached version in mq5 for a mq4-version like on that link.
Mladen posted this few months ago without alerts.
To make it work as mq4, I deleted (may be stupid):
#property indicator_type1 DRAW_COLOR_LINE
It seems to see changes, before they happen. Please correct this version for mt4. Thanks.
"Adaptive Moving Average (AMA) technical indicator is used for constructing a Moving Average with low sensitivity to price series noises and is characterized by the minimal lag for trend detection. This indicator was developed and described by Perry Kaufman in his book "Smarter Trading".
The AMA is used as a replacement of ordinary Moving Averages and when it was presented in 1995, it was superior to previous attempts to create an intelligent Moving Average because it offered greater user control.
In addition to the usual parameters that are controlling the way Kaufman AMA is calculated, this version has:
Filter that can eliminate insignificant AMA changes."