J2JMA – indicator MetaTrader 5
Moving average with the double adaptive JMA smoothing of a price range. The average is calculated the following way: J2JMA[bar] = JMA(JMA(PRICE[bar])) where: JMA() – adaptive smoothing algorithm; PRICE[] – price series value; bar – current bar. The average shows good results on short- and long-term trends. It is not recommended to use big values … Read more