DasanC

MESA Adaptive Moving Average

Intro
One of Ehlers most well-known indicators! I've seen many variations of this on TradingView, however, none seem to be true to the original released by Ehlers himself.
I've taken it upon myself to simply translate the MAMA into Pinescript, instead of re-writing like some others have done.

You can use it as a very effective & adaptive moving average with other signals or
as a standalone signal.

In the case that you're going to use it for signals and not simple technical trading (non-quantitative),
I've also added a threshold parameter to filter out weak signals.

My MAMA indicator is different from others in very simple ways - I don't use the nz () command, which sets all "Not a Number" values to 0. In others' scripts, you immediately load the indicator with several 0 values,
causing a slight lag in future calculations since this code is recursive (refers to previous values it generated).

In my version, I simply wait until the script has access to all the bar data it needs, instead of instantly performing calculations and
setting erroneous values to 0. In this case, we start with the correct values (or closer to correct).

If you want to compare this indicator the current most popular MAMA by LazyBear, you'll notice it often gives buy and sell crosses one bar earlier than theirs.

Setting Parameters
  • Source - the data series to perform calculations on. (Initially, Ehlers himself favored hl/2, but conceded that there isn't empirical benefit over close.)
  • Fast Limit - controls how quickly the MAMA will "ratchet up" fast price action. (Higher values are faster)
  • Slow Limit - controls how closely the FAMA will follow the MAMA . (Again, higher is faster. You typically want the FAMA to be slower though.)
  • Crossover Threshold - simple error thresholding to limit the number of weak trade signals. (Lower means lower tolerance)
  • Show Crosses? - show/hide the arrows at moving average crosses
版本注释: Forgot to convert one Trig operation to Radians
版本注释: Update as requested by user @ant187:
- You now have the option to fill the area between the moving averages (disabled by default)
版本注释: An additional quick update to change the fill color based on the crossover status.
-Default is red and blue, with a transparency of 90%
版本注释: LOTs of changes here!
  • Updated to Pinescript version 4.0
  • Removed confusing settings
  • Added Multi-timeframe plotting support (defaults to current chart timeframe)
  • Bug fixes with logic

DM me on Telegram for requesting project work! @DasanC
开源脚本

本着真正的TradingView精神,该脚本的作者将其开源发布,以便交易者可以理解和验证它。为作者喝彩!您可以免费使用它,但在出版物中重复使用此代码受网站规则的约束。 您可以收藏它以在图表上使用。

免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。

想在图表上使用此脚本?