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Opinion on Jurik indicators
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Opinion on Jurik indicators

  #1 (permalink)
Trading Apprentice
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Opinion on Jurik indicators

Is anyone using Jurvik indicators ? Have you found them to be useful ?

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  #3 (permalink)
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TraderAldo View Post
Is anyone using Jurvik indicators ? Have you found them to be useful ?

* Do you mean Mark Jurik's indicators ?
I do have a few of them, mainly use the Jurik Jma and Rsx..
The Best way to use the Jma is as a "price proxy", that means as a replacement for price (replace close for example in an indicator ).
an example would be to use Jma(c,3,0) in place of the closing price in a stochastics, rsi etc, it does a nice job of smoothing without the lag of traditional averages...
The Rsx is a smoothed version of Rsi...
They aren't the "holy grail, just tools to help, when used properly..

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  #4 (permalink)
Trading Apprentice
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sptrader View Post
* Do you mean Mark Jurik's indicators ?
I do have a few of them, mainly use the Jurik Jma and Rsx..
The Best way to use the Jma is as a "price proxy", that means as a replacement for price (replace close for example in an indicator ).
an example would be to use Jma(c,3,0) in place of the closing price in a stochastics, rsi etc, it does a nice job of smoothing without the lag of traditional averages...
The Rsx is a smoothed version of Rsi...
They aren't the "holy grail, just tools to help, when used properly..

thanks for your input

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  #5 (permalink)
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delhi india
 
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TraderAldo View Post
Is anyone using Jurvik indicators ? Have you found them to be useful ?

Just as good as any free indicator. Disproportionately priced in comparison to their utility. Not meant for any micro/nano level precision....other time frames very much manageable with simple indicators.

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