The KAMA bot places orders based on the Kaufman’s Adaptive Moving Average. Trading signals are generated when two moving average lines cross. If the short line crosses the long line from below, a buy signal is generated. If the short line crosses the long line from above, a sell signal is generated.
How to set up the KAMA bot
- Set up the timeframe for your KAMA bot
- Set up the length of the short KАМА.
- Set up the length of the long KАМА.
The Kaufman's Adaptive Moving Average is a complex technical analysis indicator. It is a type of Adaptive Moving Average. The indicator is developed by Perry J.Kaufman in 1998.
KAMA is a simple line drawn on the price line. In other words, KAMA looks like a usual moving average line. Compared to other moving averages, KAMA is less prone to whipsaw signals and generates fewer false signals. This indicator is used to determine market trends.
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