Cong Adaptive Moving Average — Indicator by Forex_Station_Centaur

Fractal Adaptive Moving Average (FRAMA) Kaufman's Adaptive Moving Average (KAMA)

frama kama

Dr. Scott Cong's new adaptation of an adaptive moving average (AMA), featured in TASC March 2023.

It adjusts its parameters automatically according to the volatility of market, tracking price closely in trending movement, staying flat in congestion areas.

Perry Kaufman’s adaptive moving average, first described in his 1995 book Smarter Trading, is a great example of how an AMA can self-adjust to adapt to changing environments. This indicator presents a new scheme for an adaptive moving average that is responsive, smooth, and robust.

Release Notes:

Minor amendments

Open-source script

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