FractalAMA - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
Real author:
Fractal Adaptive Moving Average proposed by John Ehlers. Version 1.1 July 17, 2006. The RPeriod indicator input parameter (length) will be forced to be equal to an even number. Odd numbers of arguments will be reduced to subsequent even numbers.
The simplest application of this indicator is using the intersection of the FractalAMA orange line and its purple signal line.
The indicator was first implemented in MQL4 and published in the code base of mql4.com on November 27, 2008.
Figure 1 FractalAMA indicator
Attachment download
📎fractalama_mbk.mq5 (8.62 KB)
Source: MQL5 #1547
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