AMKA Indicator for MetaTrader 5 – Free Download [TradingFinder]

The AMKA indicator is an advanced adaptive moving average based on the Kaufman algorithm.

Compared to Simple Moving Average (SMA) and Exponential Moving Average (EMA), this technical analysis tool has two notable and unique features:

• In a trending market, it responds to price fluctuations more accurately and quickly, and is more closely aligned with the direction of the trend;
• In non-trending or sideways markets, it slows down to avoid false signals.

AMKA indicator table

The table below provides a general overview of AMKA metrics.

AMKA indicator overview

The adaptive moving average Kaufman indicator uses a 9-period adaptive moving average to accurately detect changes in trend direction and current market path.

During trend phases, AMA levels act as support or resistance levels . The tool visually displays buy and sell signals via blue dots (bullish) and red dots (bearish).

Indicators are in an upward trend

The chart below shows the AUD/JPY currency pair on the 1 hour time frame. In the AMKA indicator, price crossing from below to above the Adaptive Average indicates a potential uptrend.

If the breakout is accompanied by a green dot, the signal gains credibility and can be considered a buy entry.

Indicators are in a downward trend

The chart below shows the gold spot index (XAU/USD). When the price falls below the AMKA line and the indicator simultaneously displays a red dot, this combination may signal the beginning of a downtrend, triggering a sell signal.

AMKA indicator settings

The picture below shows the AMKA indicator setting panel:

• Period of AMA: During the AMA exhibition;
• Fast Factor: Fast coefficient;
• Slow Factor: Slow coefficient;
• Power: Strength;
• Shift: Offset;
• Filter Multiplier: Displays the filter multiplier.

Conclusion

The AMKA indicator is an adaptive moving average based on the Kaufman algorithm and is able to accurately identify the market direction.

By considering the price position relative to its line and graphically displaying colored points, this indicator helps identify suitable conditions for entering and exiting trades.