Perry Kaufman development moving average with low false signals AMA_&_AMA_sig

Perry Kaufman developed a moving average with fewer false signals AMA_&_AMA_sig

While looking at various indicators, their designs, unique shapes, patterns not seen elsewhere,

there are those who come to like the indicators themselves,

for example like this

While being a moving average type, it has dots

The directionality can be seen from the ups and downs of the moving average and its slope,

and, with the dots, you can see entry points within it

in a way that looks

kind of appealing.

Not only the slope but also dots exist,

the dots seem to indicate entry points

quite plausible and not unusable

However, the so-called default settings may be a bit strict

they look plausible but you might go back and forth

So I will change the settings

Left is the default settings (shorter period, larger dots)

Right is the custom settings (longer period, smaller dots)

What do you think?

The custom settings seem a bit clearer,

and I think it’s less likely to zigzag

Rather than using these together

it would be better to use the custom settings while adding another indicator

To complement the characteristics, so to speak

From the description, it seems quite excellent

AMA_&_AMA_sig

An adaptive moving average indicator for MT4 that displays a less noisy moving average on the chart

The dots displayed on the moving average change color according to the direction of the moving average

The adaptive moving average was developed by Perry Kaufman

It was devised to address the issues of noise caused by unexpected price changes and lag caused by smoothing that affected traditional moving averages like SMA and EMA

Unlike SMA or EMA, it does not specify a fixed period; instead, it automatically adjusts the period based on volatility, allowing it to track quickly in fast-moving markets and slowly in slow-moving markets.