kv4coins

Kama Trend Follower v1.0

Kama Trend Follower is a Kaufman's Adaptive Moving Average ( KAMA ) based trend follower.
Release Notes: Added option for disabling buy/sell labels.
Release Notes: Added Laguerre based smoothing to kama trend line.
Added percentage threshold option for kama trend line for triggering buy/sell signals. The value of the percentage threshold varies for different currency pairs so set it according to your need and selected currency pair.
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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Comments

great work
+1 Reply
Looks awesome. Which one's the bottom one?
+1 Reply
kv4coins kviateq
@kviateq, The bottom one is a Bollinger Band %B with little modification and the white line is RSI.
Reply
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