As shown in the chart, markets can gap overnight. Consequently, you may want JMA to jump to the new price level on the first bar of each day. You can do that with "JMA Reset".
"JMA Reset" is a variation on JMA that has an added feature that allows you to specify when to jump JMA to the current price level. The jump can occur at any time and as often as you like.
This chart shows JMA Reset is set to trigger on the first bar of each day, so as to get re-aligned after any overnight market gaps.
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