30. 9. 2022

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Kaufman Moving Average OHLC ( KAMA OHLC)

This modification of the KAMA indicator allows you to select the type of prices from which the indicator is calculated. Kaufman Moving Average ( KAMA ) is a type of moving average which accounts not only for price trend but also for market volatility. It closely follows price when noise is low and smooths out the noise when the price fluctuates. Like all moving averages, the KAMA can be used to visualize the trend. If price crosses KAMA it indicates a directional change. Price can also bounce off the KAMA, which can act as dynamic support and resistance.

 

KAMA OHLC calculation is a bit complicated and but you can find more information  Here

KAMA OHLC  has four configurable parameters:

  • Applied Price – Type of Price  used for indicator calculation
  • ER period – Number of bars used for calculation of Efficiency Ratio
  • Short Period – Number of bars used for calculation of fast EMA  (FC)
  • Long period –  Number of bars used for calculation of slow EMA (SC)

 

Indicator is implemented for: MT4/MT5/Tradestation/ Multicharts

You can download the indicator here.

 

Indicator is implemented for: MT4/MT5/Tradestation/ Multicharts.

 

How to import custom blocks:

  1. Open the Algo Wizard in SQX
  2. Select Customize
  3. Select Custom Blocks
  4. Import Custom Blocks
  5. Save them

 

You can easily do your conditions in Custom blocks. More information you can find here:

In this module, you can also modify the custom blocks – change the periods, change the steps, etc.

 

How to import custom indicators to SQX:

 

 

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Emmanuel
18. 11. 2022 3:50 pm

Excellent ! thank you