3MA'S + KAMA Trend (20EMA,50MA,200MA + KAMA Trend)
This indicator, combines the traditional FOREX moving averages (20EMA, 50ma, 200ma) into a single indicator with
an adaptive moving average (AMA) taken from a user defined timeframe to show trend direction (by default, it plots
the daily 10/2/34 KAMA overlayed on any timeframe chart.
An AMA moves slowly when markets are sideways but swiftly during periods of volatility as a result it reacts much fast than
traditional options for moving average trends.
If the price is above the KAMA, trend is up. Below the KAMA, trend is down.
an adaptive moving average (AMA) taken from a user defined timeframe to show trend direction (by default, it plots
the daily 10/2/34 KAMA overlayed on any timeframe chart.
An AMA moves slowly when markets are sideways but swiftly during periods of volatility as a result it reacts much fast than
traditional options for moving average trends.
If the price is above the KAMA, trend is up. Below the KAMA, trend is down.
Release Notes:
*** 06-21-2020 Version 2 released
- includes the KAMA cross strategy by default
- Bit of Menu organisation
- Default KAMA Cross strategy is 10/2/34 - 4hr KAMA crossing the 10/5/34 - 1D Kama
- includes the KAMA cross strategy by default
- Bit of Menu organisation
- Default KAMA Cross strategy is 10/2/34 - 4hr KAMA crossing the 10/5/34 - 1D Kama
Release Notes:
New Chart View - Please note I disabled the 20/50/200ma for this screenshot to highlight the KAMA strategy.