📄 mam.afl
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//------------------------------------------------------------------------------
//
// Formula Name: MAM
// Author/Uploader: Salil V Gangal
// E-mail: salil_gangal@yahoo.com
// Date/Time Added: 2002-11-10 23:19:20
// Origin:
// Keywords: MAM, Most Anchored Momentum
// Level: medium
// Flags: indicator
// Formula URL: http://www.amibroker.com/library/formula.php?id=234
// Details URL: http://www.amibroker.com/library/detail.php?id=234
//
//------------------------------------------------------------------------------
//
// MAM - Most Anchored Momentum.
//
// This indicator is similar to FastTrack Rank, except it has *much* less
// noise. This indicator is also similar in looks (on chart) to RSI. However,
// this is *unbounded*, so it does not flatten out at the extremes.
//
// The author of this indicator has create PDF document, which is available at
// the following URL ===>
//
// http://fundvision.com/essays/essays_rudy.shtml
//
// Regards,
//
// - Salil V Gangal
//
//------------------------------------------------------------------------------
mamPeriod = 13;
mam = 100*(close/ma(close, (2*mamPeriod) +1) -1);
Plot(mam,"MAM-13",colorSkyBlue,8);
Plot(0,"",colorYellow,1);
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