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2011.08.02 12:57
Indicators

AMkA - indicator for MetaTrader 5

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amka.mq5 (10.12 KB)view

Real author:

Perry Kaufman

Perry Kaufman's adaptive moving average with indicative (signal) points arrangement based on the standard mean-square deviation.

Signal points interpretation is as follows. In case the market goes flat, AMA indicator is placed horizontally and signal points are absent. In case there is a directional trend exceeding a mean-square deviation, a point of an appropriate color appears. That point is a signal for market entry or exit.

The following equation is used as a signal point positioning criteria:

AMA-AMA0 > StDev(AMA-AMA0,periodAMA)*dK

where:

  • AMA-AMA0 - АМА last expansion;
  • StDev(AMA - AMA0, periodAMA) - indicator extensions' standard deviation for a period;
  • dK - external parameter.

Adaptive Moving Average by Perry Kaufman

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/387

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