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CFB dynamic band & oscillator

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You can create more sophisticated analysis by combining Jurik Tools in various ways. The chart shows a band around price. Within the band, price is tracked by JMA and is colored according to an algorithm that displays whether the market is bearish (magenta), bullish (green) or neutral (white). The band itself is pushed outward by the JMA line and contracts at a speed that is determined by CFB.

Note how the band contracts faster as trend lengthens. Fast contraction delivers earlier reversal detection after a long trend. In contrast, note how the band stays wide during market congestion. This helps prevent initiating a bull/bear classification when no real trend is underway. We know several successful traders have employed this novel strategy.

A "tolerance" parameter sets the amount of counter-trend activity that will be tolerated before the trend is dissolved and color switches to white, designating no trend.



The CFB oscillator measures the relative location of price within the CFB dyna Band. Chart shows both the band and related oscillator.

 

 

The chart below shows a simple trading strategy that enters LONG when the oscillator pulls away from the bottom, and enters SHORT when it pulls away from the top. Blue lines connect winning trades, red lines connect losing trades.

 

CFB dynamic oscillator demo

The trading strategy shown above is NOT included with the Jurik Technical Indicator Toolset.
This was shown for demonstration purposes only.



  • Different time frames on a chart may produce different results.

  • Please do not ask us for indicator parameter settings. Every market is different.

  • Past performance of any trading system is never a guarantee of future performance.

  • All trading strategies have risk and commodities/futures trading leverages that risk.

































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