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Adaptive Moving Average

Written by Administrator Wednesday, 19 May 2010 13:37
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Developed by Perry Kaufman the Adaptive Moving Average is a single average which dynamically varies its own length, typically from a 2-period to a 30-period average, according to the degree of volatility and directionality in the market.

When the market is trending strongly with little volatility, the length of the average will decrease towards its minimum value. However, when the market trend stalls and a trading range ensues, the Adaptive Moving Average will grow longer, tending towards its maximum value.

Properties

Bars:  The number of bars used in the calculation of the Adaptive Moving Average Line.

Fast SC:  The shortest length used by the Adaptive Moving Average (measured in Bars).

Slows SC:  The longest length used by the Adaptive Moving Average (measured in Bars).

Calc Using:  Allows you to select the values used in calculating the Adaptive Moving Average Line (Close, OHLC, High, Low, HL Average, Mean, HLC).

Display Type:  Lets you select the display type of the Adaptive Moving Average Line (Line, Step, Histogram, etc).

Width:  Use this slider bar to adjust the width of the Adaptive Moving Average Line.

Plot Colour:  Allows you to adjust the colour of the Adaptive Moving Average Line.

Line Type:  Allows you to adjust the type of the line displayed (Solid, Dotted, Dashed, etc).

Tool Name:  Allows you to adjust the name of the tool as it displays in the Structures Panel.

Visible:  Untick this checkbox to hide the Adaptive Moving Average Line from the chart.

Offset:  Use this option to offset the position if the Adaptive Moving Average Line forward or backwards in time (measured in bars).

Last modified on Thursday, 17 June 2010 08:31