JMA

DWMA with JMA oscillator – indicator MetaTrader 5

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DWMA with JMA oscillator - indicator for MetaTrader 5
Description : Long time ago one trader was using the combination of DWMA (Double Weighted Moving Average) crosses with JMA (Jurik Moving Average) for signals. As a logical step forward, one indicator that can manage the combination of those two indicators was made. Both (DWMA and JMA) are very smooth indicators, and that combination tends … Read more

ATR adaptive JMA – indicator MetaTrader 5

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ATR adaptive JMA - indicator for MetaTrader 5
Basics : It is less known that the JMA (Jurik Moving Average) is already an adaptive indicator (it is adapting using the usual market volatility monitoring mode). Hence making it adaptive “once more” is making it double adaptive, sort of speaking, but it seems that it (the “double adapting”) is producing acceptable results (especially in … Read more

CCI JMA based – indicator MetaTrader 5

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CCI JMA based - indicator for MetaTrader 5
Basics : Usually CCI is calculated as using average (Simple Moving Average) and mean deviation. This version : In this version, average is replaced with well known JMA (Jurik Moving Average) instead for the smoothing phase and the deviation is replaced with EMA deviation. The result in this one is responsive and fast (as expected) … Read more

CCI JMA based with floating levels – indicator MetaTrader 5

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CCI JMA based with floating levels - indicator for MetaTrader 5
Basics : Usually CCI is calculated as using average (Simple Moving Average) and mean deviation. This version : In this version, average is replaced with well known JMA (Jurik Moving Average) instead for the smoothing phase and the deviation is replaced with EMA deviation. The result in this one is responsive and fast (as expected) … Read more

Force index – JMA – indicator MetaTrader 5

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Force index - JMA - indicator for MetaTrader 5
Basics : The Force Index (sometimes referred to as “the index”) is another technical analysis concept introduced by Alexander Elder in his book Trading For A Living. The calculation for the force index: Force Index (1) = [Close (current period) – Close (prior period)] x Volume Force Index (13) = 13-period Exponential Moving Average of … Read more

BB stops JMA – multiple stops – indicator MetaTrader 5

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BB stops JMA - multiple stops - indicator for MetaTrader 5
Theory: BB stops is using Bollinger bands as a criteria for determining if the trend is changing as well as determining the trend direction. The usual way how it finds out the stop lines is by calculating a risk based on deviation. But, in many cases, one single proposed stop line is not enough. This … Read more

JMA – Jurik Moving Average – indicator MetaTrader 5

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JMA is an indicator which is the transformation of the accumulated background data is the essence of this technical indicator. JMA offers an opportunity to recognize several peculiarities and patterns that are invisible to the naked eye in price dynamics. Based on this information, traders may expect more market changes and change their strategy accordingly. … Read more