everget

Bryant Adaptive Moving Average

@ChartArt got my attention to this idea.

This type of moving average was originally developed by Michael R. Bryant (Adaptrade Software newsletter, April 2014). Mr. Bryant suggested a new approach, so called Variable Efficiency Ratio (VER), to obtain adaptive behaviour for the moving average. This approach is based on Perry Kaufman' idea with Efficiency Ratio (ER) which was used by Mr. Kaufman to create KAMA .

As result Mr. Bryant got a moving average with adaptive lookback period. This moving average has 3 parameters:
  • Initial lookback
  • Trend Parameter
  • Maximum lookback

The 2nd parameter, Trend Parameter can take any positive or negative value and determines whether the lookback length will increase or decrease with increasing ER.

Changing Trend Parameter we can obtain KAMA' behaviour
To learn more see http://www.adaptrade.com/Newsletter/NL-AdaptIndicators.htm
Remove from Favorite Scripts Add to Favorite Scripts
A list of Free indicators:
https://bit.ly/2S7EPuN

A list of Paid indicators:
https://bit.ly/33MA81f

Earn $30:
https://www.tradingview.com/gopro/?share_your_love=everget

Toss a coin to your witcher:
PayPal: https://www.paypal.me/alexeverget

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out