Adaptive Moving Average - Universal Version - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
The coding of this version of the indicator has changed.
It turns out that fixed high and low prices are used for part of the calculation. While this is (partly) OK if you use it as a moving average for price, it greatly limits its use. First, it cannot be used for data other than prices (the results would be highly misleading at the very least). So this version corrects that and strictly uses the selected value (price) for all calculations without hidden data dependencies
It can be used as any regular moving average (or, for users of KAMA - Perry Kaufman's AMA, as a "faster" alternative to KAMA)
Attachment download
📎 ama_7gvr.mq5 (10.11 KB)
Source: MQL5 #23778
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