TradingView
RafaelZioni
Jun 3, 2022 6:36 AM

JMA filter 2 

Bitcoin / TetherUSBinance

Description

This is based on ChuckBanger Juric indicator (a modification of it)
tradingview.com/script/pM6FkCHY-Jurik-Moving-Average-Crossover-Strategy-ChuckBanger/
things you need to know how to work with this one
to control the wave setting you need to adjust the length , slow ,fast and c in menu for optimal result
positive trend is above zero in green
negative trend bellow zero red
the best part herein this indicator is to finding of high and low based on lower treshold =trel
higher threshold for high =treh
there is signals once it crossed up or down
for each time frame you need to set the threshold for optimal results as it change for each TF it will be different so be careful about it
so rule of thumb is to look for the previous peaks either up or down and to set the threshold according to it
it more sensitive then RSI to my opinion and very good to detect sweet spot either for sell or buy
one can add alerts (not included)
or modify it to make it better
here on Tesla
Comments
RAZNET
Hi, Thanks for the script.
How "atrLength = 30" is used in it please?
AtomOfScent
Interesting use of the JMA.
My main suggestion is to make the power and phase parameters editable as they can make a big difference. I tend to make power a float variable as it's quite sensitive to changes.
Jittra
Miss ya
KageTrader
Welcome back
Pratik_4Clover
Thanks!
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