- June 14, 2014
- Posted by: Forex Wiki Team
- Category: FX Ind
No Comments
1634
1503
i-AMMA - indicator for MetaTrader 4
- Views:
- 268
- Rating:
-
votes: 2
- Files:
Description:
AMMA's formula is:
AMMA[i] = ((AMMA.Period-1)*AMMA[i+1] + Close[i])/AMMA.Period;
A 25-day Average Modified Moving Average is employed as a filter. This was defined by Maxwell in "Commodity Futures Trading with Moving Averages".
AMMA is multiplied by 24, then today's close is added and the sum divided by 25.