In my search for new ways to get faster and better market responses, I found this brilliant Indicator here on Trading View.
I rewrite all the code with my own functions and styles.
So... This is my adaptation to excellent script "Momentum adjusted Moving Average by DGT" from the user dgtrd
In dgtrd's words: "A brand new Moving Average, calculated using Momentum, Acceleration and Probability (Psychological Effect).
Momentum adjusted Moving Average( MaMA ) is an indicator that measures Price Action by taking into consideration not only Price movements but also its Momentum, Acceleration and Probability.
MaMA , provides faster responses comparing to the regular Moving Average"
Really nice indicator, got to love physics! Thank you 👍👍
dgtrd
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you took MaMA study to higher levels harmoniously adapted with your cleverly designed study. I am happy of MaMA being used and thanks for your compliments
I found this very interesting and trying to get the work alert function of this but I couldn't point out which one is which.
See you around