Forex Perry Kaufman AMA Optimized Indicator
From the Old Kings archive: Forex Perry Kaufman AMA Optimized Indicator, an indicator for MetaTrader 4. Its name points to Kaufman's adaptive moving average (efficiency ratio). It draws arrows on the chart. It has 7 settings, for example period AMA (default 10), nfast (default 2.0) and nslow (default 30.0). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 1 indicator file with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT4 · v1.0 · Free
About Forex Perry Kaufman AMA Optimized Indicator
Forex Perry Kaufman AMA Optimized Indicator is an indicator for MetaTrader 4. It draws buy and sell arrows on the chart. It has 7 settings, such as Period ama, Nfast and Nslow. MQL source code included.
Files in the download: AMA_optimized.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Period ama | 10 | Number of bars in the calculation |
| Nfast | 2.0 | |
| Nslow | 30.0 | |
| G | 2.0 | |
| D k | 2.0 | |
| Price type | 0 | , |
| Ama trend type | 1 |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: Buy/Sell Arrows · MT4 Indicator · MQL4 Source Code