Updated on November 2: suppressed invalid plotting during startup period and reduced its length.
Here's an explanation of the indicator by its creator, John Ehlers.
https://www.mesasoftware.com/papers/MAMA.pdf
Same plots as the MAMA "system indicator". That version was translated from TradeStation® EasyLanguage® code without taking into account the coding flexibility of Ninjascript®, resulting in a bloated resource hog.
- Changed code to eliminate unnecessary, duplicative calculations.. there were A LOT of them.
- Added multi color plotting.
The indicator will appear in a new FOLDER called Moving Averages.. look for it there.
Category NinjaTrader 8 Indicators and More
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