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JJMA Indicator

Jurik Moving Average is an indicator of technical analysis which was developed by Marc Jurik in 1998. It is one of the best price filters that built as adaptive moving average.

JJMA Indicator has:

- ambitious smoothing ability;

- the minimal outrunning effect after the end of the price movements;

- the minimum delay on rapid price changes, that can become challenging for any adaptive moving averages.

Jurik Moving Average numerously reduces false signals and the probability of the price moving beyond the range at the market's pivot point.

PTMC JJMA

Parameters:

Phase – can take values from -100 to 100, it's characteristic to determine type of indicator reaction(delay or outrunning

Length – indicator's smoothing parameter.


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23.12.2016 10
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