I was experimenting with the zero lag moving average from John Ehlers and the Hull moving average and noticed that they seemed to respond in complementary to each other. They blend together to make a moving average which responds with almost no lag at all. It is similar to Jurik's moving average clones i have found here on TradingView... This is a comparison to ...
I saw that Juriks Moving average and its variation of the following script has been pretty popular on MT4/MT5 FX so I decided to try to recreate it in Tradingview. The basic logic was taken from: Inspired by the script by one of the most active pinescripters in the early days. The Jurik Moving average has been created by one of the most active pinescripters...
Bollinger Bands and MA crossovers, all based on Jurik MA
The clone of Jurik moving average function with a power argument The power argument allows to closely approximate price movements. The higher the power, the closer the fit. Also helps to find a balance between smoothing and fitting.