Real author: Perry Kaufman
Description of the indicator
Amka is an adaptive moving average with indicative (signal) points arrangement based on the standard mean-square deviation.
This is how to use the Amka signal points.
When the market is flat, the Amka indicator is placed horizontally and there are no signal points.
When the market is trending and exceeds a mean-square deviation, a dot point of an appropriate color appears: green to go up or to close a bearish position, red to go down or to exit a bullish position.
This is the rate given by Metatrader community
FREE Amka Indicator
How to install custom indicators in Metatrader 5
Download the MQ5/EX5 file into your C:\Program Files\MetaTrader 5\MQL5\Indicators folder
If you download the zip file, unzip it and locate the MQ5 file in C:\Program Files\MetaTrader 5\MQL5\Indicators
Double-click on the file, the Mq5 editor will open and hit “Compile“
Restart your MetaTrader 5 application
On the left hand side, look for the “Navigator” window and under the “Indicators” tab you should find the Indicators
Drag (Click and drag) the indicator onto the chart
Choose your settings and click OK
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