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Charts on eSignal

This page displays all our indicators for eSignal.

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CFB + heat map

 

Jurik's CFB measures both the duration and quality of long-term trends and combines the result into one number. This value is very useful for controlling the speed other technical indicators. (See CFB dyna-band).

This particular indicator plots CFB values and a heat map, whose intensity is proportional to CFB value when rising.


 

 

 

CFB dyna-band

 

Places an adaptive SPX band around price. In a SPX band, price pushes band outward and CFB controls the band's inward contraction rate. This rate is bounded by two length parameters: length_CFBlo specifies length to use when CFB is at its lowest value, and length_CFBhi specifies length to use when CFB is at its highest value. As CFB values moves up and down, the effective length is interpolated between these two parameters.

In this example, parameters were set to make contraction fast when trend duration increases (when CFB is producing large values). This narrow band reduces the amount of retracement needed to reverse the trend's bull/bear status once the trend is depleted. Also, we made contraction slow during price congestion (when CFB is producing small values). This wide band helps reduce the frequency at which JMA changes color when no real trend reversals are underway.

JMA is also displayed within the band. JMA tracks price and its color displays whether the market is bearish (red), bullish (cyan) or neutral (white).

User can enable/disable dynamic color and alerts.


 

 

 

CFB oscillator

 

Uses a hidden CFB dyna-band to create a stochastic oscillator that reflects the position of JMA within the band. Oscillator value is compared to user specified overbought and oversold threshold values which may trigger alerts, if desired. In this example, the OB/OS range is -60 to +60.

User can enable/disable dynamic color and alerts.


 

 

 

CFB spectrum

 

Jurik's CFB measures both the duration and quality of long-term trends and combines the result into one number. This value is very useful for controlling the speed other technical indicators. (See CFB dyna-band).

CFB Spectrum plots four CFB trend duration window sizes ( 24, 48, 96, 192) as applied to a user selected price time series. This gives you a quick way to see which of the four window sizes comes closest to how you would like it to respond as a controlling signal in either CFB dyna-band or CFB oscillator.


 

 

 

DMX 1

 

DMX-1 is Jurik’s version of the classic DMI indicator. DMX-1 employs JMA instead of an exponential moving average for filtering. This delivers an oscillator that’s very responsive to fast market action.

User can enable/disable dynamic alerts.


 

 

 

DMX 2

 

DMX_2 is Jurik’s latest alternative to the classic DMI indicator. Whereas DMX_1 was modeled after DMI (which separated upward and downward price movement into DMI+ and DMI-), the new DMX_2 simplifies this approach by avoiding the up/down split and filtering everything together. This delivers an oscillator that’s simpler to execute and should, theoretically, be more robust. DMX_1 and DMX_2 produce slightly different results. You may prefer one over the other.

User can enable/disable dynamic alerts.


 

 

 

DMX heat maps

 

DMX_1 is derived from two components: DMX+ and DMX-. The first component, DMX+, measures the strength of upward price action whereas DMX- measures downward action. The DMX+ heat map displays the value of DMX+ as both a curve plot and as brightness of background color. The DMX- heat map gives a conversely similar display. Color intensity can be enhanced or diminished by adjusting the Brightness parameter.

User can enable/disable dynamic alerts.


 

 

 

EXI

 

EXI (Excursion Index) quantifies market price movement (in ticks) relative to the nearest local price top or bottom. This indicator has zero lag so it can be used to trigger alerts whenever the market moves up X ticks from a local bottom or down Y ticks from a local top. User sets trigger thresholds.

User can enable/disable blue field highlighting and audio/visual alerts.


 

 

 

JMA

 

JMA (Jurik Moving Average) is our ground-breaking signal noise filter, and still popular over 20 years after its introduction. It has been often referred to on various internet forums as the “gold standard”. JMA adjusts its speed dynamically, based on how current market behavior compares to its own history. JMA knows when price action is unusual and adjusts accordingly. A very good noise-free proxy for price is to plot JMA on HLCC4 with JMA length = 5 and phase = 50.

User can enable/disable dynamic color and alerts.


 

 

 

JMA + trailing MA
JMA + trail oscillator

 

JMA is often displayed alongside a slower moving average as a way to classify the market as trending up or down. This chart shows JMA and a slower moving average line. User selects the speed of both lines and also selects the type of slower filter. Choices are: EMA, DEMA, TEMA, MFF, Butterworth 2-pole, and Bessel 2-pole.

The subpanel shows an oscillator whose value is the difference between JMA and the slower MA.

User can enable/disable dynamic color and alerts.


 

 

 

JMA CCX

 

The CCX is Jurik’s version of the classic CCI (Commodity Channel Index). In both versions, the core algorithm displays a normalized difference between two moving averages, i.e. a MACD. The CCX uses JMA for the fast moving average and TEMA (triple exponential) for the slower.

User can set OB (Over Bought) and OS (Over Sold) threshold levels, as well as enable/disable dynamic plot color and alerts.


 

 

 

JMA hi-lo band
JMA hi-lo stochastic

 

The upper panel of this chart shows the classic highest-lowest band around JMA of price. The relative location of JMA within the band is used to create a stochastic oscillator, as shown in the lower panel. .We recommend having both the hi-lo band and hi-lo stochastic on display together, with the same parameter settings.

User can set overbought / oversold threshold levels as well as enable/disable dynamic color and alerts.


 

 

 

JMA Keltner band

 

This Keltner band is centered on a triple-exponential moving average (TEMA) of price, and has a band width proportional to the bars’ average true range. The chart shows JMA of price moving in and out of a Keltner band. Market is rising when JMA is above the band (blue), falling when below the band (red) and neutral when inside (white).

User can enable/disable dynamic color and alerts.


 

 

 

MFF line

 

The MFF is a moving average filter designed to be flat as much as possible, hence the name “Maximum Flat Filter”. This will cause the plot to have a unique appearance, jumping from one level to the next. This turns out to be useful in identifying market up and down trends. The chart shows MFF as blue when price is above the line and red when below.

Note how MFF responds to a price gap. MFF is always Gap Aware©. (It cannot be disabled.) Users can enable/disable dynamic color and alerts.


 

 

 

MFF band

 

The MFF is a moving average filter designed to be flat as much as possible, hence the name “Maximum Flat Filter”. This will cause the filter to have a unique appearance, as it jumps between levels. The MFF band is always centered on an MFF line and its band width is user specified as a fixed number of price ticks. Thus the MFF band width is a fixed constant across the entire chart. The indicator also plots JMA on price. JMA is blue when above the band, red when below and white when inside.

Users can enable/disable dynamic color and alerts.


 

 

 

RSX

 

RSX is Jurik’s version of the classic RSI indicator. RSX is significantly smoother than RSI for the same amount of lag. The length parameter for RSX is typically 40 and color changes are tied to RSX either rising or falling. The RSX color scheme employs a novel combination of direction (up/down) and speed (fast/slow).

User can enable/disable dynamic color and alerts.


 

 

 

RSX heat maps

 

RSX is decomposed into two components: RSX+ and RSX-. The first component, RSX+, measures the strength of upward action of price whereas RSX- measures downward action. The RSX+ heat map displays the value of RSX+ as both a curve plot and as brightness of background color. The RSX- heat map gives a similar display. Color intensity and width can be enhanced or diminished by adjusting the threshold level.

Users can enable/disable dynamic alerts.


 

 

 

RSX on JMA

 

This indicator applies RSX to price that has been pre-filtered by JMA. Pre-smoothing significantly alters the appearance of RSX, making it rise and fall faster, yielding a larger dynamic range.

Users can enable/disable dynamic color and alerts.


 

 

 

RSX on RSX

 

This indicator applies RSX to another RSX on price. This “double” RSX delivers a very smooth estimate of market price acceleration, both upward and downward. Normally an acceleration reading would be 180 degrees out of phase with respect to the original price cycle, resulting in a display opposite in sign to price. However, RSX is designed to remove this phase shift, placing it back in sync with price.

Users can enable/disable dynamic color and alerts.


 

 

 

SPX band
SPX oscillator

 

The upper panel shows a SPX band around JMA of price. JMA pushes this band outward and SPX counters by contracting inward. JMA tracks price and JMA color is determined by a proprietary algorithm to display whether the market is bearish (red), bullish (cyan) or neutral (white).

The lower panel displays a stochastic oscillator based on the relative location of JMA within the SPX band.

Users can set thresholds as well as enable/disable dynamic color and alerts.


 

 

 

VEL

 

VEL is Jurik’s version of the classic momentum (MOM) indicator. VEL is significantly smoother than MOM without additional lag. VEL scale is in price ticks, not dollars or any other currency. This allows the user to generalize VEL across various markets.

Users can set thresholds as well as enable/disable dynamic color and alerts.






  • 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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