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
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/387
BrainTrend1Stop is a trend reversal indicator.BrainTrend1Sig
BrainTrend1Sig is an indicator for positions opening and closing. It indicates trend reversal points when a price reaches extreme values.