Using a DWMA and JMA Oscillator for Zero-Line Signals
Summary
This indicator combines a Double Weighted Moving Average with a Jurik Moving Average and expresses their relationship as an oscillator. The stated motivation is to combine two relatively smooth averages into a system that produces a manageable number of signals, with the oscillator format intended to make the combined behavior easier to read.
The proposed trading cue is a cross of the oscillator’s zero line. The description emphasizes that the selected periods matter: because the averages differ, some parameter combinations may produce illogical signals. It says suitable settings can make the crosses useful, but gives no formula, chart examples, tested parameter values, or performance results. Traders would therefore need to define the construction and settings clearly and evaluate the signal on their own data before relying on it.
Key ideas
- The indicator combines a Double Weighted Moving Average and a Jurik Moving Average.
- It represents their combined behavior as an oscillator.
- Crosses of the zero line are proposed as trading signals.
- Period choices can change the signal behavior, and the note supplies no validation results.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.