ATR Adaptive JMA - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
What is less known is that the JMA (Jurik Moving Average) is already an adaptive indicator (it is adjusting using the usual mode of monitoring market fluctuations). So making it adapt "again" is making it doubly adaptable, to some extent, but it seems like it ("double adapting") is producing acceptable results (especially in periods of high volatility)
Here, we use ATR (Average True Range) to give JMA additional adaptability. The ATR period is the same as the JMA period (no separate settings), so the use of this indicator is very simple
You can use the color of the slope as a signal of potential trend changes
Attachment download
📎 atr_adaptive_jma.mq5 (13.96 KB)
Source: MQL5 #22411
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