By using line, I can get the better idea about price movement rather than using && by using line I can avoid noise.
here in this chart time frame is of 60 min, (20) & (14,5,30).
You can see here, whenever the line crosses the line the trend changes.
My recommendations here is to go long in SUN PHARMA .
1. it has already corrected about 120 rs .(from 680 to 560).
2. in daily time frame there is a strong around 560.
3. the line just crossed the line.
Have a long position and enjoy the profit.
sometimes it can change the trend ...
firstly I'm also new to this field having about 6-8 months experience.
KAMA is an adaptive moving average.it is mainly used to avoid noise (corrections).it shows you the real trend direction.
you will see, when there is noise in the main trend it will run far from the candles and as the momentum increases it will come closer to the candles.
you can know more about KAMA on the above-given website.
Thanks for the explanation. Harshit Sir.
Which other site provide KAMA moving averages on the charts? Trding view and investing .com do not provide the same and site Stockcharts do not provide charts of NSE.
Can you please help out?
in trading view currently i'm using KAMA from a public library.