(Req) KAMA/AMA Binary Wave indicator

[Diesel 10]

Does anyone have the Kaufman Adaptable Moving Average Binary Wave indicator for Metatrader4? I am also looking for it for Ninja Trader but Metatrader is my much greater preference.

 

I hear this indicator is really special, although I haven't been able to find it anywhere!

 

Thanks,

 

Diesel10

[freddy]

Hi Diesel,

 

found that on FF, see if it is what you're looking for.

 

 

http://www.forexfactory.com/showthread.php?p=2824011#post2824011

post#2

and

http://www.forexfactory.com/showthread.php?t=26821

post#7

[Diesel 10]

Hi Diesel,

 

found that on FF, see if it is what you're looking for.

 

 

http://www.forexfactory.com/showthread.php?p=2824011#post2824011

post#2

and

http://www.forexfactory.com/showthread.php?t=26821

post#7

 

Thanks but this is just basic KAMA. I want the KAMA Binary Wave. Here is a screenshot of what it looks like (depicted in the subgraph):

 

http://screencast.com/t/KgXyBUCyLhoa

[Diesel 10]

Here is the formula (using AMA) from Metastock. It is also available on XTick apparently. Perhaps some one can code it for Metatrader ? I have heard great things about it!

 

KAMA Binary Wave

Periods:=Input("Time Periods",1,1000,10);

Direction:=CLOSE-Ref(CLOSE,-periods);

Volatility:=Sum(Abs(ROC(CLOSE,1,$)),periods);

ER:=Abs(Direction/Volatility);

FastSC:=2/(2+1);

SlowSC:=2/(30+1);

SSC:=ER*(FastSC-SlowSC)+SlowSC;

Constant:=Pwr(SSC,2);

AMA:=If(***(1)=periods+1,Ref(CLOSE,-1) +

constant*(CLOSE-Ref(CLOSE,-1)),PREV +

constant*(CLOSE-PREV));

FilterPercent:=Input("Filter Percentage",0,100,15)/100;

Filter:=FilterPercent*Std(AMA-Ref(AMA,-1),Periods);

AMALow:=If(AMA<Ref(AMA,-1),AMA,PREV);

AMAHigh:=If(AMA>Ref(AMA,-1),AMA,PREV);

If(AMA-AMALow>Filter,1{Buy Signal},

If(AMAHigh-AMA>Filter,-1{Sell Signal},0{No_Signal}))