Abbreviation: AMA
Category: Averages
Input Parameters:
Name |
Range |
Default |
Time Series |
|
Close |
AMA Periods |
Int >= 1 |
10 |
|
|
|
Calculation:
Y + (Smootiing Factor* (X - Y))
where
X = Time Series
Y = AMA one period ago (1st period Y is set to 1st period X)
Smoothing Factor = (Efficiency(Time Series, AMA Periods) * (2/(2+1) - 2/(30 + 1)) + 2/(30 + 1))^2
= (Efficiency(Time Series, AMA Periods) * (0.6667 ?0.0645) + 0.0645)^2
= (Efficiency(Time Series, AMA Periods) * (0.6021667) + 0.0645)^2