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AMA Colorized 4U

Free

Auto-detect trendlines & trade more consistently on Renko charts →

Check out our new releases

[03 Jun] BigTrade Sweep: Detecting Big Trades in every candle - Discover indicator
[8 May] New Horizon: A new standard in intraday automated trading ☀️ - Discover our Super Autosystem
[27 Apr] DeepStack Confluence: Multi-Timeframe & Multi-Indicator confluence in 1 chart - Discover indicator
[22 Apr] Entropy Voltex: Trade only when market conditions support your setup - Discover indicator
[14 Apr] Imbalance Insight Matrix: Detect trading zones that attract the most attention - Discover indicator
[08 Apr] Gravity OrbitX: Where high-probability reversals actually form - Discover indicator

Product Description

AMA Colorized 4U is AMA (Adaptive Moving Average) - a versatile type of moving average that adjusts its sensitivity based on price volatility over a specific period.

Unlike traditional moving averages like SMA (Simple Moving Average) or EMA (Exponential Moving Average), AMA can adapt to different market conditions in these ways:

When the market is highly volatile or shifts direction suddenly, AMA will react faster to keep up with price changes.
Conversely, when the market is calmer, it will slow down to avoid noise signals, helping you see trends more clearly and reliably.

Plus, the color-coded plots provide a visual aid: green signals an uptrend, while pink indicates a downtrend.

In short, the indicator enables you to follow trends and take advantage of opportunities more effectively.

Although AMA Colorized 4U already includes an integrated filter to lessen noise, consider trying our upgraded version, AMA Pro, which adds an extra smoothing layer to eliminate noise and filter out short-term market volatility. It also offers additional features, including plot change filters, bar colorizing, background painting, marker printing, and alerts (popup, sound, email/SMS).

Become part of the ninZaFamily and receive AMA Colorized 4U at no cost!

Dedicated NinjaScript Signals

Signal_Trend: 1 = uptrend, -1 = downtrend

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Because software products may be copied and stored easily, we will NOT issue refunds of any kind. ALL SALES ARE FINAL & NON-REFUNDABLE!

Futures, foreign currency, and options trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one's financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.

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