KAMA MT5 Indicator

The Kaufman Adaptive Moving Average is a version of the adaptive moving average based on the exponentially smoothed moving average combined with the original methods of detecting and applying volatility as a dynamically changing smoothing constant.

The indicator has two input parameters:

• Period – calculation period;
• Applied price – price used for calculations.

KAMA[i] = KAMA[i-1] + sc * (Price[i] - KAMA[i-1])

sc = (er * 0.6015 + 0.0645) * (er * 0.6015 + 0.0645),
er = Abs(Price[i] - Price[i-Period+1]) / Sum1, and
Sum1 = Sum(Abs(Price[i] - Price[i-1])) from (i-Period+1) to i

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KAMA MT5 Indicator