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JMA + Keltner Band

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Two popular bands around price action are the Keltner Band and Bollinger Band. Their difference is that Keltner band width is based on average true range and Bollinger is based on standard deviation of true range. This chart shows JMA (blue line) crossing through a Keltner Band. Bands allow more sophisticated analysis than mere crossover moving averages.

Band color changes depending on the relation between JMA and the band. Note the absence of either red or green shaded areas in certain places. Trading logic can be set up to stay out of the market in these regions. The user can apply NinjaTrader's color menu to select other band colors.



  • Visual results may vary, and will depend on chart time frame, chart bar type, market symbol and indicator parameter values.

  • All Jurik indicators are optimized to display over a black background.










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