Adaptive Momentum Exhaustion (AME)Adaptive Momentum Exhaustion (AME) is a trend-following indicator designed to identify high-probability continuation trades while filtering out weak and overextended price movements.
Unlike traditional momentum indicators, AME normalizes momentum using the Average True Range (ATR), making it adaptive to changing market volatility. It combines four key market factors:
- Momentum: Measures the strength of price movement relative to volatility.
- Trend: Uses the 20 EMA and 50 EMA to determine the
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