PROTECTED SOURCE SCRIPT
Adaptive Exponential Moving Average
This indicator was originally developed by Vitali Apirine (Stocks & Commodities V. 37:5 (April, 2019): Adaptive Exponential Moving Average).
This is his second modification of Kaufman Moving Average. In essence, the idea remains the same as in the previous (https://www.tradingview.com/script/urJFGIcv-Adaptive-Moving-Average/): the smoothing constant is calculated as a special ratio between the current price and highest/lowest prices for a given period.
In combination with EMA you can obtain a trading system based on double crossovers:
Source code on request
This is his second modification of Kaufman Moving Average. In essence, the idea remains the same as in the previous (https://www.tradingview.com/script/urJFGIcv-Adaptive-Moving-Average/): the smoothing constant is calculated as a special ratio between the current price and highest/lowest prices for a given period.
In combination with EMA you can obtain a trading system based on double crossovers:
- Long, when AEMA crosses up EMA
- Short, when AEMA crosses down EMA
Source code on request
Script protégé
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A list of FREE indicators:
bit.ly/2S7EPuN
A list of PAID indicators:
bit.ly/33MA81f
Earn $15:
tradingview.com/pricing/?share_your_love=everget
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