OPEN-SOURCE SCRIPT
DIRECAO DE TENDENCIA KAMA
This indicator was developed to help identify market trends using an adaptive moving average based on KAMA (Kaufman Adaptive Moving Average). Its goal is to follow price movements more dynamically while adapting to changing market volatility conditions.
The script combines price smoothing with an adaptive moving average model, allowing a clearer interpretation of the prevailing market direction. During trending periods, the indicator aims to follow price movements with greater sensitivity, while in consolidation phases it attempts to reduce part of the market noise.
In addition to the main trend line, the indicator displays visual signals on the chart when a change in direction occurs, helping identify potential opportunities to follow the movement.
Main features
adaptive moving average based on KAMA
price behavior smoothing to reduce noise
visual identification of trend changes
buy and sell signals on the chart
adjustable parameters fo
different assets and timeframes
Suggested use
This indicator can be used as a support tool for technical analysis, helping traders interpret market direction and identify potential trend changes. It can be applied to different assets and timeframes.
Disclaimer
This script is intended for educational and market analysis purposes only. It does not constitute investment advice or guarantee results.
The script combines price smoothing with an adaptive moving average model, allowing a clearer interpretation of the prevailing market direction. During trending periods, the indicator aims to follow price movements with greater sensitivity, while in consolidation phases it attempts to reduce part of the market noise.
In addition to the main trend line, the indicator displays visual signals on the chart when a change in direction occurs, helping identify potential opportunities to follow the movement.
Main features
adaptive moving average based on KAMA
price behavior smoothing to reduce noise
visual identification of trend changes
buy and sell signals on the chart
adjustable parameters fo
different assets and timeframes
Suggested use
This indicator can be used as a support tool for technical analysis, helping traders interpret market direction and identify potential trend changes. It can be applied to different assets and timeframes.
Disclaimer
This script is intended for educational and market analysis purposes only. It does not constitute investment advice or guarantee results.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.