FAMA (Function)

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The FAMAseries function gets the value for the FAMA (Following Adaptive Moving Average).

Syntax

FAMA(Price, FastLimit, SlowLimit, FAMAMult)

Returns (Double)

A numeric value representing the oFAMA output value of the MamaBase function.

Parameters

Name Type Description
Price NumericSeries Specifies which bar value (price, function, or formula) to consider.
FastLimit Numeric Sets the maximum allowable value for calculation of the alpha value for smoothing.
SlowLimit Numeric Sets the minimum allowable value for calculation of the alpha value for smoothing.
FAMAMult Numeric Sets the multiplier for FAMA calculation to provide for additional smoothing.

Reference

1John F. Ehlers, MESA Adaptive Moving Averages. Technical Analysis of Stocks & Commodities, V. 19:9 (30-35).