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MAMA indicator

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    #16
    Originally posted by sayapann View Post
    I want to change the value of FAMA line to be the same as SMA 50 (simple moving average 50) line.
    The default value of MAMA is Fast=0.5 and Slow= 0.05.
    So what is the new value of MAMA / FAMA will be quite similar to SMA 50 please? Anyone who know well, Please help me.
    Thanks and best regards,
    Wrong question. First of all both MAMA and FAMA are adaptive moving averages based on an EMA. Secondly the adaptive property means that both of them can behave in different ways. Let me explain the default settings;

    MAMA with slow limit = 0.05 and fast limit = 0.5.

    The MAMA(0.5, 0.05) can be compared

    -> to an EMA(39) when the market is rangebound
    -> to an EMA(3) when the market is trending

    The FAMA(0.5, 0.05) is slower than the MAMA and can be compared

    -> to an EMA(79) when the market is rangebound
    -> to an EMA(7) when the market is trending

    This means that your question cannot be answered, as I cannot give you a single value for both MAMA and FAMA, but only a range of possible periods for both of them. Also there are not similarities to a SMA, but both MAMA and FAMA belong to the family of adaptive exponential moving averages.

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      #17
      Hi Harry,

      Noted with great thanks.
      Appreciate your explanation.

      Comment


        #18
        Pls refer to my image attached.

        1) I wanna delete a strategy named "Gold" that i downloaded it from "http://market-robots.com/trading-str...r-ninjatrader/" but can not find it on "Tools>Edit NinjasScript>Strategy".
        2) I always see title of "Tick" although i use "NTRenko Chart".

        Please help me.
        Attached Files

        Comment


          #19
          Hello,

          Thank you for the question.

          For the Gold strategy, if this was a purchased item or protected item it would instead likely be located in the File -> Utilities -> Remove NinjaScript assembly menu.

          For your second question, this could be that the bar type was programmed in a way which does not return the correct value for the charts text. Is this a free item I could download? If so I could look in the file to verify if that is the case.

          I look forward to being of further assistance.
          JesseNinjaTrader Customer Service

          Comment


            #20
            MAMA for NT7?

            Hi Is there a version of the MAMA indicator available for NT? I have found the one for NT8 but can't locate on for NT7.

            Appreciate if someone can post it if available

            thanks

            Comment


              #21
              Originally posted by James108 View Post
              Hi Is there a version of the MAMA indicator available for NT? I have found the one for NT8 but can't locate on for NT7.

              Appreciate if someone can post it if available

              thanks
              It is a system indicator that ships with NT7.

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                #22
                See attached which comes straight out of NT7 indicators.
                Attached Files

                Comment


                  #23
                  Boy now I look pretty stupid didn't think to look in the indicators list for it. thanks all

                  Comment


                    #24
                    Happens even to the best. Don't worry, make money.

                    Comment

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