MAMA - Vertex FX Expert Advisor

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http://bit.do/dnG8z Secret discount at FxHunter forex software. MAMA Strategy is a VertexFX client-side auto-trading robot based on the MAMA (MESA of Adaptive Moving Averages) indicator. It is an adaptive moving average based indicator that provides excellent trading entries. This indicator comprises of two components, the MAMA (BLUE line) and FAMA (RED line). The starting point of MAMA is the conventional EMA. The concept of MAMA is to relate the phase rate of change of the prices to the alpha (smoothing constant) of the EMA. The FAMA (Following Moving Average) is calculated by applying the MAMA to the MAMA itself. By using an alpha in FAMA that is half the value of the alpha in MAMA, the FAMA steps in synchronization with MAMA. This indicator is ideal in reducing whipsaws.