AML EAs, indis, scripts & libraries

AML Adaptive Market Level – indicator MetaTrader 5

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Fig.1 AML indicator
Real author: andreybs The indicator shows the current reference prices of the current market state. This is necessary for determining flat market. The indicator is based on fractal smoothing (known as FRAMA – in Russian) having a discrete filter that removes minor price movements when the relative flat movement does not exceed the square of

AML – indicator MetaTrader 5

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AML - indicator for MetaTrader 5
Indicator AML (Adaptive Market Level) displays one of three market states: Flat, uptrend, and downtrend. It is based on fractal smoothing and has a discrete filter that removes small price movements: If the price movement amplitude does not exceed the square of the predefined amplitude within the specified range, then this price movement will be