OPEN-SOURCE SCRIPT

Ehlers Kaufman Adaptive Moving Average [CC]

The Kaufman Adaptive Moving Average was created by Perry Kaufman and this is a variation of that original formula created by John Ehlers. I have included a side by side with an original script (blue line) done by HPotter that shows that Ehlers version is slightly more reactive compared to the original version. I have included strong buy and sell signals in addition to normal ones and so darker colors are strong signals and lighter colors are normal ones. Buy when the line turns green and sell when it turns red.

Let me know if there are any other scripts you would like to see me publish!
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Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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