Introduction to the KAMA Indicator The name of the KAMA indicator stands for the Kaufman Adaptive Moving Average. The author of that indicator Perry J. Kaufman, first introduced that concept in his book titled Smarter Trading: Improving Performance in Changing Markets in the year 1995. This is a variation of the adaptive moving average, which…
Tag: kaufman indicators
Kaufman3 Indicator
Kaufman 3 indicator draws two lines on chart: white and pink. Kaufman V3 determinates direction of the trend (trend is your friend, right?): when white line is above pink line we have a uptrend, when white line is below pink line we have a downtrend. It’s easy as it is. At first glance it may…