Name: Kaufman's AMA from wellx
Rating: 3.4 (18 reviews)
Author: MetaQuotes

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Views:

13008

Rating:

(18)

Published:

2016.02.24 13:06

Updated:

2016.02.24 13:08

AMA.mq4 (3.31 KB) view

Download as ZIP, How to download code from MetaEditor

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The code was prepared back in 2005. Unlike the original, the smoothing ratio here is raised to power. The power value is set by the G external variable (the default value is 2, like in the original). Several people challenged the authorship of this value, though it is not of much significance here.

The main advantage of wellx version is the color dots identifying a trend.

Kaufman's AMA from wellx

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/7378

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Kaufman's AMA from wellx - indicator for MetaTrader 4