OPEN-SOURCE SCRIPT
K_MA_HOMEWORK
Title: KAMA with Bollinger Bands
Description:
Kaufman’s Adaptive Moving Average (KAMA) with Bollinger Bands is a powerful tool for traders looking to combine adaptive trend-following capabilities with volatility-based bands for dynamic market insights.
Key Features:
KAMA Line: Dynamically adjusts to market conditions, smoothing price fluctuations while remaining responsive to significant trends.
Bollinger Bands: Upper and lower bands adapt to market volatility, providing a visual representation of overbought and oversold conditions.
Customizable Settings: Fine-tune parameters for KAMA length, smoothing speeds, and band width to suit your trading style or specific markets.
Background Shading: Highlights potential overbought or oversold zones for quick visual insights.
How to Use:
Trend Identification: Use the KAMA line to determine the underlying trend. Price above KAMA suggests an uptrend; price below suggests a downtrend.
Reversal Signals: Watch for price crossing the bands to identify potential reversal points or breakout opportunities.
Volatility Assessment: The width of the bands reflects market volatility—narrow bands indicate low volatility, while wide bands signal high volatility.
This indicator is versatile and can be used for trend-following, breakout trading, and mean-reversion strategies. It’s ideal for traders seeking to filter market noise and focus on meaningful price movements.
Description:
Kaufman’s Adaptive Moving Average (KAMA) with Bollinger Bands is a powerful tool for traders looking to combine adaptive trend-following capabilities with volatility-based bands for dynamic market insights.
Key Features:
KAMA Line: Dynamically adjusts to market conditions, smoothing price fluctuations while remaining responsive to significant trends.
Bollinger Bands: Upper and lower bands adapt to market volatility, providing a visual representation of overbought and oversold conditions.
Customizable Settings: Fine-tune parameters for KAMA length, smoothing speeds, and band width to suit your trading style or specific markets.
Background Shading: Highlights potential overbought or oversold zones for quick visual insights.
How to Use:
Trend Identification: Use the KAMA line to determine the underlying trend. Price above KAMA suggests an uptrend; price below suggests a downtrend.
Reversal Signals: Watch for price crossing the bands to identify potential reversal points or breakout opportunities.
Volatility Assessment: The width of the bands reflects market volatility—narrow bands indicate low volatility, while wide bands signal high volatility.
This indicator is versatile and can be used for trend-following, breakout trading, and mean-reversion strategies. It’s ideal for traders seeking to filter market noise and focus on meaningful price movements.
Script open-source
Dans le plus pur esprit TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.
Vous voulez utiliser ce script sur un graphique ?
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.