The KAMA will not change when the interval changes from day to something like 5 minutes or 30 minutes. Allows for more precise trading with the same indicator on a different interval.
From Stockcharts.com: "Developed by Perry Kaufman, Kaufman's Adaptive Moving Average (KAMA) is a moving average designed to account for market noise or volatility. KAMA will closely follow prices when the price swings are relatively small and the noise is low. KAMA will adjust when the price swings widen and follow prices from a greater distance. This...
Ignore the other one (it contains some errors). On this FRAMA you can play with length, SC and FC. Just read on below links to understand more about this super useful moving average: etfhq.com etfhq.com www.quantshare.com
The usage is very easy. When the line is green you can open long position, when the line is red you can open short position and when it's black just check by yourself. Usually I use it with RSI and Bollinger Bands , in order to determine when the signal is strong or weak. Just play with fastest and slowest SC to adjust the smoothness.
Everyone wants a short-term, fast trading trend that works without large losses. That combination does not exist. But it is possible to have fast trading trends in which one must get in or out of the market quickly, but these have the distinct disadvantage of being whipsawed by market noise when the market is volatile in a sideways trending...