Hi all, Im a newbie to AFL programming. May you anyone kindly assist me i have been searching Amibroker AFL Formula for for Ehlers MESA Adaptive Moving Average (MAMA and FAMA) with buy sell signals and Kaufman's Adaptive Moving Average KAMA but in vain.
It would be great if you can share the formulas if you have them. "The MESA Adaptive Moving Average (MAMA) adapts to price movement based on the rate of change of phase as measured by the Hilbert Transform Discriminator (Technical Analysis of Stocks and Commodities magazine, December 2000). This method features a fast attack average and a slow decay average so that composite average rapidly ratchets behind price changes and holds the average value until the next ratchet occurs." The crossing of the MAMA and FAMA lines can be used to generate Buy and Sell signals. When the MAMA crosses above the FAMA a buy signal is given. Alternatively, when the MAMA crosses below the FAMA a sell signal is given. As for KAMA, Developed by Perry Kaufman, this indicator is a moving average that automatically adjusts its speed based on market volatility. Sincere Thanks Warmest Rgds Ihumbleone
