Ehlers Smoothed Adaptive Momentum script.
This indicator was developed and described by John F. Ehlers in his book "Cybernetic Analysis for Stocks and Futures" (2004, Chapter 12: Adapting to the Trend).
The Smoothed Adaptive Momentum indicator was created by John Ehlers and this indicator gives a lot of useful information. When the indicator is above 0 then there is very strong upward momentum and when the indicator falls below 0 then there is very strong downward momentum. A very profitable way to use this particular indicator is buy long when the indicator is...
![AAPL: Ehlers Smoothed Adaptive Momentum [CC]](https://s3.tradingview.com/y/yf0J5c8l_mid.png "Ehlers Smoothed Adaptive Momentum [CC]")
