JSmooth_MA - MetaTrader 5 Script - MQL5 #22996 - MT4/MT5 Resources

JSmooth MA is a moving average proposed by Mark Jurik.

It has two tunable parameters:

JSM = Previous JSM + A4

A4 = (A3 - PrevJSM) * Alpha12 + Alpha2 * PrevA4
A3 = A1 + A2
A2 = (1-Alpha) * (Application Price - A1) + Alpha * PrevA2
A1 = (1-Alpha) * App Price + Alpha * PrevA1

Alpha = 0.45*(Period-1) / (0.45*(Period-1)+2)
Apha2 = alpha* alpha
Alpha12 = (1-Alpha) * (1-Alpha)

Attachment download

📎 jsmooth_ma.mq5 (9.62 KB)

Source: MQL5 #22996