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I am trying to use the JMA paintbar. However, I would only like to see the slope painted and not the bars. Seems like the yellow bars stay yellow for long periods and do not change colors for long time. Could someone possibly re-code this to do that. The indicator is in the download section under Ninjatrader. Thank you.
Can you help answer these questions from other members on NexusFi?
I did import the JMA Updown, but I do not see it in my indicator box. I currently have the regulat jma & the jma paintbar, but the new one that you have sent me is no where to be found. Appreciate any help in getthing it into my indicator box.
I think it is called JMA, when I import it into Ninja and in the Indicator box(instead of JMA Updown). My other question was, could this JMA have the EMA flat in it (the yellow part of the slope) like the JMA paintbar? That would help alot.
For some reason, this post sent me off to do a bit of research... and to get right to the point here, the JMA doesn't ever actually become "flat" -- from everything that I've been looking at, anyhow. Even when pulling up a chart and arranging a series of perfectly flat Renko bars, the JMA still finds a way to jiggle around.
Over at the Jurik website, they have created a wide array of tools (all for $ale, of course), but the descriptions for what the JMA (and its many variants) contain includes terms such as lag, momentum, noise elimination, smoothing, "composite fractal behavior," "arguments," "creative adapting..." you get the idea. There may be some particular way to arrange a perfect set of circumstances where you can get the JMA to get flat -- I don't even pretend to grasp all of the underlying math in there -- but it seems as if the JMA in NinjaTrader doesn't ever actually get flat.
I suspect that the JMA in NinjaTrader is a simple, low-cost version of the JMA -- they clearly have some MUCH MORE complex versions of it.