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.