Forex JMA Trading – JURIK Moving Average (JMA) MT4 Trading Indicator. It differs from standard moving averages by better smoothing, higher sensibility, and lesser time lag.
JMA is a form of AMA (Adaptive Moving Average) and is one of the best price filters.
JMA curve has good smoothing, minimum lag during strong price moves and minimum overtake after their end.
Note that JMA indicator analyses fast trends. Therefore, it is not recommended to set big values for the JMALength_ parameter.
- Time Frame: H1 or higher
- Currency Pairs: Any
- JURIK Moving Average (JMA):
- The previous candles above the JMA line
- The JMA line upward
- JURIK Moving Average (JMA):
- The previous candles below the JMA line
- The JMA line downward