Indicators: Fractal Adaptive Moving Average (FrAMA)
Someone have this indicator to MQ4?
The Fractal Adaptive Moving Average (FRAMA) indicator is an exceptional tool for traders seeking a dynamic and accurate trend-following indicator. Its unique algorithm adjusts to market volatility, providing more reliable signals. I've found it incredibly effective in identifying trends early on and staying aligned with market movements. The smoothness of FRAMA's lines reduces noise, resulting in clearer, more actionable signals. Overall, it's a valuable addition to any trader's toolkit, particularly for those looking for a robust and adaptable indicator.
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Fractal Adaptive Moving Average (FrAMA):
Fractal Adaptive Moving Average technical Indicator (FRAMA) was developed by John Ehlers.
This indicator is constructed based on the algorithm of the Exponential Moving Average, in which the smoothing factor is calculated based on the current fractal dimension of the price series. The advantage of FRAMA is the possibility to follow strong trend movements and to sufficiently slow down at the moments of price consolidation.
All types of analysis used for Moving Averages can be applied to this indicator.
Author: MetaQuotes Software Corp.