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.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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