Indicators: MAMA + FAMA

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MAMA + FAMA:

Usually MESA Adaptive Moving Average (MAMA) is displayed on chart as two values. That sometimes is misleading since it is not often explained what are the traders actually looking at then.

The second value displayed on chart is what John Ehlers calls "a Following Adaptive Moving Average (FAMA)", and this indicator uses the combined values of MAMA and FAMA to assess the trend of the market.

Author: Mladen Rakic

 

Hello!

I wonder how much difference (if any) there is in the calculations between this indicator here and the MAMA that was posted in August 2011 at https://www.mql5.com/en/code/400 ... !?

Please let me know! - Thanx in advance!

Cheers
Rene

MAMA
MAMA
  • votes: 18
  • 2011.08.10
  • Nikolay Kositsin
  • www.mql5.com
The indicator is a moving average based on the EMA algorithm and adapted to a financial instrument current volatility. The indicator consists of two averages - fast MAMA (green line) and slow FAMA (red line). Crossover of the averages provide signals for market entries and...
 
Rene Patrick Sauerwein:

Hello!

I wonder how much difference (if any) there is in the calculations between this indicator here and the MAMA that was posted in August 2011 at https://www.mql5.com/en/code/400 ... !?

Please let me know! - Thanx in advance!

Cheers
Rene

Value wise - no difference (if same price is used)

Code wise - completely different code (they actually have very little in common)

Display wise - you can compare it :)

 
Mladen Rakic:

Value wise - no difference (if same price is used)

Code wise - completely different code (they actually have very little in common)

Display wise - you can compare it :)

Gotcha! - Thanx for your reply! - :)
 
Hi I came across this indicator. Can you grant me permission to use it please. How do in integrate it into my trading platform (i am a newbie in trading and indicator)
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