OPEN-SOURCE SCRIPT
Jurik Filter TRIX Log [Loxx]

Jurik Filter TRIX Log [Loxx] is a TRIX indicator that calculates TRIX using a Jurik Filter instead of EMA. this indicator responds much quicker than traditional TRIX.
What is TRIX?
TRIX is a momentum oscillator that displays the percent rate of change of a TEMA. It was developed in the early 1980's by Jack Hutson, an editor for "Technical Analysis of Stocks and Commodities" magazine. With its triple smoothing, TRIX is designed to filter insignificant price movements. In his article he uses a logarithm of a price (which is in many versions, left out).
What is Jurik Volty used in the Juirk Filter?
One of the lesser known qualities of Juirk smoothing is that the Jurik smoothing process is adaptive. "Jurik Volty" (a sort of market volatility ) is what makes Jurik smoothing adaptive. The Jurik Volty calculation can be used as both a standalone indicator and to smooth other indicators that you wish to make adaptive.
What is the Jurik Moving Average?
Have you noticed how moving averages add some lag (delay) to your signals? ... especially when price gaps up or down in a big move, and you are waiting for your moving average to catch up? Wait no more! JMA eliminates this problem forever and gives you the best of both worlds: low lag and smooth lines.
Included:
-Bar coloring
What is TRIX?
TRIX is a momentum oscillator that displays the percent rate of change of a TEMA. It was developed in the early 1980's by Jack Hutson, an editor for "Technical Analysis of Stocks and Commodities" magazine. With its triple smoothing, TRIX is designed to filter insignificant price movements. In his article he uses a logarithm of a price (which is in many versions, left out).
What is Jurik Volty used in the Juirk Filter?
One of the lesser known qualities of Juirk smoothing is that the Jurik smoothing process is adaptive. "Jurik Volty" (a sort of market volatility ) is what makes Jurik smoothing adaptive. The Jurik Volty calculation can be used as both a standalone indicator and to smooth other indicators that you wish to make adaptive.
What is the Jurik Moving Average?
Have you noticed how moving averages add some lag (delay) to your signals? ... especially when price gaps up or down in a big move, and you are waiting for your moving average to catch up? Wait no more! JMA eliminates this problem forever and gives you the best of both worlds: low lag and smooth lines.
Included:
-Bar coloring
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開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
Public Telegram Group, t.me/algxtrading_public
VIP Membership Info: patreon.com/algxtrading/membership
VIP Membership Info: patreon.com/algxtrading/membership
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。