Fibonacci Period KAMA Series
This study is a simple experiment using Kaufman's Adaptive Moving Average that plots a base average with a period of your choice, then plots averages with periods multiplied by Fibonacci numbers 2 through 34.
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Big thanks to @NGBaltic for pointing out the massive flaw with the original version of this script.
Before this update, the script was effectively just a lagged OHLC/4 SMA ribbon.
This update is a complete rework on the calculation, so that it actually reflects KAMA values.
In addition, the base sampling period multiples have been expanded from Fibonacci numbers 1 - 34 to 1 - 144.
Before this update, the script was effectively just a lagged OHLC/4 SMA ribbon.
This update is a complete rework on the calculation, so that it actually reflects KAMA values.
In addition, the base sampling period multiples have been expanded from Fibonacci numbers 1 - 34 to 1 - 144.
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wallanalytics.com/
Reach out on Telegram:
t.me/DonovanWall