Mama Indicator

Mama Indicator. The Mother Of Adaptive Moving Averages was created by John Ehlers (Rocket Science For Traders pgs 182183) and this is definitely my favorite Ehlers moving average script This works as a trend indicator and a typical moving average When the mama is above the fama then the stock is in an uptrend and vice versa Of course it is also good when.

Summary The MESA Adaptive Moving Average (MAMA) is an indicator characterized by its ability to adapt to the price movement of the asset in question To determine the rate of price change the MESA Adaptive Moving Average uses a Hilbert Transform Discriminator to determines the average value and signals market trends.

John Ehlers MAMA The Mother of Adaptive Moving Average

An interesting set of indicators result if the MAMA is applied to the first MAMA line to produce a Following Adaptive Moving Average (FAMA) By using an alpha in FAMA that is half the value of the alpha in MAMA the FAMA has steps in time synchronization with MAMA but the vertical movement is not as great As a result MAMA and FAMA do not cross unless there has been a major change in market.

MAMA MT4 Indicator Moving Average on Moving Average

The MAMA MT4 indicator is a technical indicator based on a combination of three moving averages Unlike the traditional moving averages the MAMA MT4 indicator uses an adaptive moving average (AMA) that has the advantage of incorporating in its measurement the volatility factor.