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RE: AMA's



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Trading Reference Links

The attached image is not a "normal" trading-related situation, but a
custom-generated one: a step in the amplitude in a random data sequence.
It's good for understanding the nature of the AMA-s because all the
mechanics applicable in this extreme case are applicable in case of any real
market data as well, but the differences between AMA-s are not as apparent
when using regular market data.

The "Adaptive Noise" indicator used in the image is based on
"DH_adaptive_noise_f" by Dennis H (?), and was circling around on this list
a year or so ago.  The function is probably worth it to be added to
www.traders2traders.com.

Ivo

PS If the attached image does not make it to the list, I will try to post it
somewhere.

Attachment: Description: "AMA-s.gif"