Nexural JMA

Here's a natural description for TradingView:

Nexural JMA - Jurik Moving Average with Multi-Factor Analysis
WHAT IT DOES

This is a Jurik Moving Average indicator that I've enhanced with multi-factor scoring to help you identify high-quality trade setups. JMA is known for being smoother and more responsive than traditional moving averages, which means less lag without the whipsaw you get from faster EMAs.

The indicator plots the JMA line on your chart with dynamic support and resistance zones, entry signals, and a real-time dashboard that scores market conditions from 0 to 100 across five key factors.

KEY FEATURES

Jurik Moving Average - A sophisticated moving average that adapts quickly to price changes while staying smooth. You can adjust the phase and power settings to control its responsiveness.

Dynamic Zones - Creates a cloud around the JMA based on ATR. Think of it as a buffer zone that shows where price typically bounces or breaks through.

Multi-Factor Scoring - Real-time scores for Momentum, Volume, Volatility, and Trend Strength. All metrics are normalized to 0-100 so you can quickly see what's strong and what's weak.

Strength-Based Gradient - The JMA line and cloud change opacity based on trend strength. Bright and solid means strong conviction, faded means weak or transitional.

Filtered Signals - Entry signals only appear when multiple factors align - price crosses the JMA, volume confirms, and trend strength is adequate.

HOW TO USE IT
The JMA Line - This is your trend filter. When the line is green and rising, look for long opportunities. When it's red and falling, look for shorts. The brighter the color, the stronger the trend.

The Cloud - Price typically bounces off the cloud edges in trends. When price breaks through the cloud against the trend, it often signals exhaustion or reversal.

Entry Signals - Green triangles below price are long signals. Red triangles above price are short signals. These only fire when volume, momentum, and trend strength are adequate.

The Dashboard - This is your market health monitor. Check it before taking a trade. You want to see high scores (70+) in momentum and trend strength for the best setups. Volume above 50 adds confirmation.

Volatility Score - High volatility (70+) means wider stops and bigger targets. Low volatility (below 30) means tighter ranges and smaller moves.

BEST PRACTICES

Use the dashboard to filter trades. If trend strength is below 40, the market is choppy and you're better off waiting for clarity.

Pay attention to the gradient intensity. A bright solid JMA line with a visible cloud means the trend has conviction. A faded line means the trend is weak or transitioning.
Volume matters. Signals with volume scores above 70 tend to have better follow-through than those with weak volume.

Don't force trades when momentum is low. Below 40 momentum score means the market is consolidating or drifting.

Use the cloud as a stop loss guide in trends. Price reclaiming the cloud against the trend is often your signal to exit or tighten stops.

UNDERSTANDING THE SCORES

Momentum Score - Measures the rate of change over 10 bars compared to recent history. High scores mean price is moving decisively.

Volume Score - Compares current volume to the last 100 bars. Above 70 means volume is strong, below 30 means it's weak.

Volatility Score - Based on ATR percentile. High scores mean the market is moving with larger swings, low scores mean it's quiet.

Trend Strength - Combines how far price is from the JMA plus the slope of the JMA itself. This is your conviction meter.

SETTINGS BREAKDOWN
JMA Length - Default is 7, which is quite responsive. Increase to 14 or 21 for smoother trends on higher timeframes. Lower to 5 for faster response on scalping timeframes.

Phase - Default is 50 which is balanced. Higher values (70-100) make it more responsive but can increase whipsaws. Lower values (0-30) make it smoother but add lag.

Power - Controls the JMA curve calculation. Default is 2 which works well. Higher values make it more responsive at the cost of smoothness.

Source - Default is close, but you can experiment with hlc3 or ohlc4 for different characteristics.

PROS

Clean visual presentation - The gradient system makes trend strength obvious at a glance.
No guesswork on market conditions - The scored dashboard tells you exactly what's working and what's not.

Filtered signals - Unlike basic moving average crosses, these signals require multiple confirmations.

Adaptable - Works on stocks, crypto, forex, and futures. Just adjust the length for your timeframe.

Low lag - JMA responds faster than SMA or EMA of the same length, so you get earlier entries.

CONS

JMA can be sensitive - On the default settings, you might see some false signals in choppy markets. Consider increasing the length if this happens.
Requires interpretation - The dashboard gives you data, but you still need to make the trading decision. It's not a one-click solution.

Works best in trends - Like most moving average systems, it struggles in tight sideways ranges. Low trend strength scores will warn you when this is happening.
Not ideal for very fast scalping - The default length of 7 works for 5-minute and above, but for 1-minute scalping, you might need to drop it to 3-5 and accept more noise.

Volume data quality matters - On some assets or timeframes, volume data is unreliable or unavailable. The volume score will be less useful in those cases.

TIPS FROM MY TESTING

The indicator works best on the 5-minute to daily timeframes. I've had the most success on 15-minute and 1-hour charts.

When all scores are above 60, you're in prime trading conditions. These are your A+ setups.
Use it with support and resistance. When a signal fires at a key level with high trend strength, the probability increases significantly.

The cloud is your friend in trends. In strong trends, price will use the cloud edges as support or resistance for continuation entries.

Don't ignore weak signals in strong trends. Sometimes a low momentum score during a pullback in a strong trend is your best re-entry point.

Watch for divergence between price and the JMA. If price makes a new high but the JMA is fading in color and trend strength is dropping, that's often a warning sign.

ALERT SYSTEM

The alerts include the trend strength score in the message, so you know immediately if it's a high-conviction signal or a marginal one. Set your alerts to "once per bar close" to avoid repainting.

COMBINING WITH OTHER TOOLS

This works great with RSI or stochastic for timing entries. Use the JMA for trend direction and zones for context, then use an oscillator to time the exact entry.
It pairs well with volume profile. The JMA shows you the trend, volume profile shows you where the battle is happening.

Consider using a higher timeframe JMA for bias and a lower timeframe for entries. If the 1-hour JMA is bullish with 80 trend strength, look for long entries on the 15-minute chart.

This indicator is designed to give you clarity in a noisy market. The JMA itself is a powerful tool, but adding the multi-factor scoring system helps you understand the quality of what you're seeing. It's not magic, but it's been helpful for filtering out the junk and focusing on the setups with the best probability.

As always, backtest it on your markets and timeframes. Adjust the settings to fit your trading style. What works for one person might not work for another, so make it your own.
Good luck and trade safe.