Abbreviation: AMA Envelope Low
Category: Advanced Kaufman Adaptive Moving Average
Input Parameters:
| Name | Range | Default |
| Time Series | Close | |
| AMA Periods | Int >= 1 | 5 |
| Envelope Fraction | Real > 0.0 | 0.25 |
Calculation:
AMA(X, n) * ( 1 – Envelope Fraction )
where
X = Time Series
n = AMA Periods
AMA represents Adaptive Moving Average (AMA)
Discussion:
Provides a band a certain fraction below the adaptive moving average of a time series.