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Jurik RSX on JMA

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This is Jurik RSX version that accepts price preliminarily filtered using the best original JMA' clone on TradingView https://www.tradingview.com/script/714vYiDe-Jurik-Moving-Average/.

As Mr. Jurik noticed:
"A smooth (low noise) trend is more efficient than a noisy trend. Given that RSX measures market trend direction and efficiency, it stands to reason that RSX would respond better (display larger dynamic range) when fed pre-smoothed price data. And there's no better way to pre-smooth than by using JMA".

And as the result: "it reverses with the market, showing almost no lag".

Jurik's RSX is a "noise free" version of RSI, with no added lag.

Reference:

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