Background :
This indicator is an extended version of the RSI adaptive EMA indicator (originally published here : RSI adaptive EMA )
Extension added :
In order to avoid some false signals (since the slope of the RSI adaptive EMA can change too many times in ranging market) this version is adding floating levels as a criteria for trend change. You have an option to chose between two color changing modes :
Usage :
Use color change as signal,. Some experimenting with levels is advised prior to usage in live trading

Range Action Verification Index - extended
Range Action Verification Index - extended
Kaufman ama - with floating levels
Kaufman ama - with floating levels