JSmooth Moving Average Calculation and Inputs
Summary
The document describes a price-chart moving average using JSmooth smoothing, an approach attributed to Mark Jurik. It identifies two user inputs: the lookback period and the price series used in the calculation. The formula updates a sequence of intermediate smoothed values recursively, with a smoothing coefficient determined by the chosen period.
The material provides the calculation equations but no comparison with other moving averages, parameter guidance, trading rules, or performance evidence. It explains how the indicator is constructed, not whether it improves signals or results. As with other smoothed indicators, its output depends on the selected period and applied price, and the document does not discuss lag, initialization, or market-specific behavior.
Key ideas
- JSmooth is presented as a moving average for display on a price chart.
- The indicator takes a calculation period and an applied price as inputs.
- Its output is formed through recursive updates to several smoothed intermediate series.
- The document gives the formula but provides no trading system or performance evaluation.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.