Adaptive moving average that rapidly responds to price changes using the Ehlers Hilbert Transform. Features MAMA and FAMA lines with custom block conditions for trend detection and crossover signals.
Original Source of MT4 : https://fxstill.com/indikators/the-mother-of-adaptive-moving-averages
The Mother of Adaptive Moving Average (MAMA) adapts to price movement in an entirely new and unique way. The adaptation is based on the rate change of phase as measured by the Ehlers Hilbert Transform. The advantage of this method of adaptation is that it features a fast attack average and a slow decay average so that the composite average rapidly ratchets behind price changes and holds the average value until the next ratchet occurs.
The indicator has two parameters:
1. Fast Limit ( Alpha)
2. Slow Limit (Beta)
The suggested maximum value is FastLimit = 0.5 and the suggested minimum is SlowLimit = 0.05. The variable alpha is computed as the FastLimit divided by the phase rate of change. Any time there is a negative phase rate of change the value of alpha is set to the FastLimit because the phase rate of change can be no less than 1. If the phase rate of change is large, the variable alpha is bounced.
You know me as clonex. I'm Ivan Hudec — I built the free blocks you're using here, and I write about the research behind them at algotrading.space. Need something built? Work with me.
