Combining Five Jurik Moving Average Slopes as a Trend Signal
Summary
The indicator described here evaluates the slopes of five Jurik Moving Averages (JMAs) with different periods and adds the slope readings into a combined value. The aggregate is intended to show the overall trend across several smoothing horizons, rather than relying on the direction of a single moving average. The description does not specify the periods, how slopes are normalized, or how the combined reading should be interpreted for entries or exits.
The only evidence given concerns implementation: an updated version reportedly passes a regular speed test after changes in newer builds, whereas the original version did not. No trading results, chart examples, or testing methodology are provided. The indicator therefore offers a multi-period trend measurement concept, but the document does not establish that it is predictive or explain how users should validate it for a market or timeframe.
Key ideas
- The indicator measures slopes for five Jurik Moving Averages with different periods.
- It sums the slope readings to represent trend across multiple smoothing horizons.
- The document does not state the periods, calculation details, or trading rules for the combined value.
- An update is reported to pass a speed test, but no evidence of trading performance is supplied.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.