Advanced Trend Trading Indicator AdvMA is an enhanced version of the standard Moving Average indicator that combines various averaging methods into one comprehensive tool.
The AdvMA indicator allows users to select the price source, filter, and averaging method. It provides a range of parameters for customization:
- Price – selected price
- Filter – price filtering method
- Type – type of average
- Period – averaging period
- Shift – line shift
- Scale – scaling factor
- PostFilter – result filter
Indicator Parameters
For the filter (Filter and PostFilter), you can choose between the median of the last three values or the average between the median and the latest value.
The averaging type (Type) can be standard SMA, SMMA, LWMA, EMA, or:
- Parabolic – parabolic weighting coefficients K(n)=n^Scale
- Sinus – sine-weighted coefficients K(n)=sin(n)^Scale
- Volume Weighted – volume-weighted coefficients K(n) = Volume(n)^Scale
- Price Deviance – weighted by deviation from the average K(n) = (Price(n)-AveragePrice)^Scale
- Volume Deviance – weighted by deviation from the average volume K(n)=(Volume(n)-AverageVolume)^Scale
The Advanced Trend Trading Indicator AdvMA, when used in place of the traditional indicator, can improve the accuracy and effectiveness of trading signals.
- Download the AdvMA Trading Indicator
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FAQ
What is the AdvMA indicator?
The AdvMA is an advanced version of the Moving Average that combines multiple averaging techniques for improved trading accuracy.
How does AdvMA work?
It allows users to customize parameters like price source, filter, and averaging method to generate more effective trading signals.
Why use AdvMA over standard MA?
AdvMA offers greater flexibility and precision, making it ideal for traders seeking more reliable trend analysis tools.
