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 .
Can i try this indicator, would like to see the benefit of having a very responsive Moving average.
Thanks