JSmooth_MA

The indicator displays on the price chart a moving average with the JSmooth smoothing type (the smoothing type proposed by Mark Jurik). The indicator has two input parameters: Period – calculation period; Applied price – price used for calculations. Calculation: JSmooth[i] = J5[i] where J5[i] = J5[i-1] + J4[i], J4[i] = (J3[i] – J5[i-1])*(1 – … Read more

JSmooth MA is a Moving Average by Mark Jurik. It has two adjustable parameters: Period – calculation period Applied price – calculation price Calculations: JSM = PrevJSM + A4 where: A4 = (A3 – PrevJSM) * Alpha12 + Alpha2 * PrevA4 A3 = A1 + A2 A2 = (1-Alpha) * (Applied price – A1) + … Read more