JMA

Random Walk Index – JMA Smoothed – indicator MetaTrader 5

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Random Walk Index - JMA Smoothed - indicator for MetaTrader 5
The Random Walk Index (RWI) is a technical indicator that attempts to determine if a stock’s price movement is of random nature or a result of a statistically significant trend. The Random Walk Index attempts to determine when the market is in a strong uptrend or downtrend by measuring price ranges over N and how … Read more

Choppiness Index – JMA Smoothed – indicator MetaTrader 5

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Choppiness Index - JMA Smoothed - indicator for MetaTrader 5
Choppiness Index: another way of calculating fractal dimension. Choppiness Choppiness is a modern indicator based on ideas of chaos theory and fractal geometry. Benoit Mandelbrot was the one person most responsible for the great interest in the subject of fractal geometry. He showed how fractals can occur in many different places in both mathematics and … Read more

Multi JMA Slopes – indicator MetaTrader 5

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Multi JMA Slopes - indicator for MetaTrader 5
Indicator that checks slopes of 5 (different period) Jurik Moving Averages (JMA) and adds them up to show overall trend. Update : Due to some changes in the new builds, the original version can not pass regular speed test. The updated version is doing that without any issue though Multi JMA Slopes – indicator MetaTrader … Read more

Normalized RSI JMA Smoothed – indicator MetaTrader 5

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Normalized RSI JMA Smoothed - indicator for MetaTrader 5
Normalized RSI tends to be “nervous” (the direction of the RSI itself, and of the normalized RSI as a result is changing sometimes erratically). This version is adding JMA smoothing to it in order to make that volatility lesser and to attempt to make the slope of the RSI more usable without adding significant lag. … Read more

JMA Keltner Сhannel – indicator MetaTrader 5

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JMA Keltner Сhannel - indicator for MetaTrader 5
Keltner Channel is usually calculated as SMA (Simple Moving Average) +- ATR distance for the bands. Since SMA is the slowest moving average, here is a version that uses a much “faster” moving average for the calculation instead: the JMA (Jurik Moving Average) that is very well known for its smoothness too. That should help … Read more

Trend Trigger Factor JMA – indicator MetaTrader 5

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Trend Trigger Factor JMA - indicator for MetaTrader 5
Trend Trigger Factor was described by M.H. Pee in the Technical Analysis of Stocks and Commodities magazine in December, 2004. This version is adding JMA (Jurik Moving Average) smoothing to lessen false signals and some extras in order to make the trend triggering state easier. Trend Trigger Factor JMA – indicator MetaTrader 5

Trend Trigger Factor JMA – Multi TimeFrame – indicator MetaTrader 5

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Trend Trigger Factor JMA - Multi TimeFrame - indicator for MetaTrader 5
Trend Trigger Factor was described by M.H. Pee in the Technical Analysis of Stocks and Commodities magazine in December, 2004. This version is adding JMA (Jurik Moving Average) smoothing to lessen false signals and some extras in order to make the trend triggering state easier. Also, this version is made a standalone (no need for … Read more