This indicator is a ported MQL5 indicator from http://www.mql5.com/ru/code/1740 (in Russian).
Formulas:
AMA_Slope[i] = AMA[i]-AMA[i-1], where
AMA[i] = AMA[i-1]+SSC[i]^G*(Price[i]-AMA[i-1]),
SSC[i] = ERSC[i]+slowSC,
ERSC[i] = ER[i]*(fastSC-slowSC),
ER[i] = signal[i]/noise[i],
signal[i] = Abs(Price[i]-Price[i-AMA_Period]),
noise[i] = sum(Abs(Price[i]-Price[i-1])),
fastSC = 2/(Fast_Period+1),
slowSC = 2/(Slow_Period+1).
Download:
The indicator was revised and updated