This indicator is an indicator for use in 5-minute period day trading strategies. The indicator derives a power power based on past closing prices and substitutes the power value into a multiplier of Euler's constant to derive a range. Bands were increased by substituting multiples into the derived range, and each band has a role. You will enter a buy or sell...
etfhq.com Overall the D-AMA produced results that were near identical to that of the FRAMA but the D-AMA is a slightly faster average. It is very difficult to pick between the FRAMA and the D-AMA but becuase the FRAMA offers a slightly longer trade duration it the best Moving Average we have tested so far.