AMMA Indicator
Hi, is this AMMA = Modified Moving Average ? Moving average - Wikipedia, the free encyclopedia , i am looking for this MA. please help.
robertinno:
AMMA's formula is:
AMMA's formula is:
AMMA = ((AMMA.Period-1)*AMMA + Close)/AMMA.Period;A 25-day Average Modified Moving Average is employed as a filter.
This was defined by Maxwell in "Commodity Futures Trading with Moving Averages."
AMMA is multiplied by 24, then today's close is added and the sum divided by 25.Yes it is
But you can also find it in metatrader built in moving averages. just choose Smoothed for MA method of an average
kissaki:
Hi, is this AMMA = Modified Moving Average ? Moving average - Wikipedia, the free encyclopedia , i am looking for this MA. please help.
Hi, is this AMMA = Modified Moving Average ? Moving average - Wikipedia, the free encyclopedia , i am looking for this MA. please help.
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AMMA's formula is:
AMMA = ((AMMA.Period-1)*AMMA + Close)/AMMA.Period;A 25-day Average Modified Moving Average is employed as a filter.
This was defined by Maxwell in "Commodity Futures Trading with Moving Averages."
AMMA is multiplied by 24, then today's close is added and the sum divided by 25.