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This a conversion of John McCormick's quick ma (original made for tradestation, I got it from here Quick MA - Traders Laboratory)
A word of advice : do not get overheated like on that site comparing it to JMA : JMA is an adaptive moving average hence the QuickMA can not be compared with JMA for longer periods (see second picture when Length set to 26 (as Length rises differences are going to be bigger and bigger) - Red is QuickMA, Lime is JMA) But as a sort of a smooth moving average it seems to be OK
This a conversion of John McCormick's quick ma (original made for tradestation, I got it from here Quick MA - Traders Laboratory)
A word of advice : do not get overheated like on that site comparing it to JMA : JMA is an adaptive moving average hence the QuickMA can not be compared with JMA for longer periods (see second picture when Length set to 26 (as Length rises differences are going to be bigger and bigger) - Red is QuickMA, Lime is JMA) But as a sort of a smooth moving average it seems to be OK
Thank you very much mladen for sharing such a great indicators.
A moving average length that was appropriate last week might be inappropriate next week as market conditions change. One potential solution to this problem is to use a moving average that adjusts to market volatility by lengthening when the market is moving sideways and trading in a choppy fashion and shortening when the market is trending. So I’ve found this EA which is very helpful in that matter. Check it!
Linear Mode
