This is Jurik Research's original moving average and a predecessor of the well-known Jurik Moving Average (JMA). It was developed by Mark Jurik in 1994. The purpose was the same: to create the best noise reduction filter.
The algorithms of JAMA and JMA have big differences. JAMA is less responsive than JMA - sometimes it makes it better than JMA but closely depends on the objective assigned to it.
On the screenshots you can see how they behave together with different period settings.
The red line is JAMA, the purple line is JMA .
Period: 7
BTCUSD, D
AAPL, D
Period: 14
BTCUSD, D
AAPL, D
Period: 50
BTCUSD, D
AAPL, D
Reference: http://www.jurikres.com/freebies1/TS_AMA_AMA_xover.htm#top
The algorithms of JAMA and JMA have big differences. JAMA is less responsive than JMA - sometimes it makes it better than JMA but closely depends on the objective assigned to it.
On the screenshots you can see how they behave together with different period settings.
The red line is JAMA, the purple line is JMA .
Period: 7
BTCUSD, D
AAPL, D
Period: 14
BTCUSD, D
AAPL, D
Period: 50
BTCUSD, D
AAPL, D
Reference: http://www.jurikres.com/freebies1/TS_AMA_AMA_xover.htm#top
Release Notes:
Example with Jurik MA connected to the indicator:
- A full-featured crossover system
- Buy, Sell, Take Profit, Stop Loss, Trailing Stop Loss signals and alerts
- Ability to connect a custom moving average-like indicator
- More coloring options
Example with Jurik MA connected to the indicator:
Release Notes:
- Updated the settings window
- Added new type for brackets: ATR
- Added new type for brackets: Points
- Added new type for brackets: Pips
- Added a special option to exit at TP/SL/TSL only
Release Notes:
- Bug fix
Release Notes:
- Pine Script V5
Freelance -> Telegram: @alex_everget
A list of Free indicators:
bit.ly/2S7EPuN
A list of Paid indicators:
bit.ly/33MA81f
Earn $30:
www.tradingview.com/gopro/?share_your_love=everget
A list of Free indicators:
bit.ly/2S7EPuN
A list of Paid indicators:
bit.ly/33MA81f
Earn $30:
www.tradingview.com/gopro/?share_your_love=everget