OPEN-SOURCE SCRIPT

Slope of KAMA

Shows the slope of KAMA by comparing last bar KAMA value to current bar KAMA value. Very simple, yet very effective determining the trend or volatility of market. When slope is very small market can be in range, hence it can be used as volatility filter for trend traders.
Kaufman's Adaptive Moving Average (KAMA)OscillatorsslopeTrend AnalysisVolatility

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