Jurik JMA

on their (bad) site they write about radar and military and defining most probable position of a target. does anyone know more about these things?


peace
 
It appears that the Jurik MA method uses one MA only

Has anyone backtested and found that this is clearly more effective than the old fashioned SMA crossover?

Sometimes "new indicators" or "cool inventions" get all the attention, and its not uncommon that old reliables are almost as effective or better

just curious
 
You should test the sma crossing the jma, instead of jma crossing jma of different time periods. The jma is closer to the price and has less lag than the sma. Maybe even use the same parameter for jma and sma. What other rules do you need for a ma system?
 
..."It appears that the Jurik MA method uses one MA only"


The Jurik indicators are not methods or trading systems by themselves. With the Jurik toolset for eSignal I can overlay one, two, or however many JMA averages onto a chart I would like.

It is up to the user to decide how to use these indicators in trading, Jabez1947 yesterday suggested a book that looks like a perfect mesh with Jurik to create more of a ordered "system" to go with these indicators.

I have not read it yet thou but am considering buying it, maybe I will put it on my Christmas list since my wife never has a clue what to get me...http://www.amazon.com/exec/obidos/t...f=sr_1_1/104-4926813-4388733?v=glance&s=books
 
Quote from just21:

You should test the sma crossing the jma, instead of jma crossing jma of different time periods. The jma is closer to the price and has less lag than the sma. Maybe even use the same parameter for jma and sma. What other rules do you need for a ma system?
More...

Building a jurik'd macd can be pretty cool too.
 
Although I use just the basic Jurik RSX indicator in my trading, the recent upgrade to the Jurik toolset for eSignal includes a few MACD variants. Here is what it includes...

Includes the following indicators:

Basic JMA --- plots JMA over price bars

Basic VEL --- plots VEL and zero line

Basic RSX --- plots RSX and adjustable thresholds

Basic DMX --- plots DMX, DM- and DM+

MACD JMA --- plots difference between two JMA signals

MACD VEL --- plots 2 VEL signals or their difference (user option)

MACD RSX --- plots 2 RSX signals or their difference (user option)

MACD RSX + trailing SMA --- plots RSX MACD and SMA(MACD) for crossover analysis

VEL + trailing JMA --- plots VEL and JMA(VEL) for crossover
analysis

RSX + trailing JMA --- plots RSX and JMA(RSX) for crossover analysis

RSX + trailing SMA --- plots RSX and SMA(RSX) for crossover analysis

Custom Price Line --- plots any valid EFS expression using Open, High, Low, Close
 
Quote from Scientist:


No, mechanical trading systems don't. They have a lot of downsides to them, anyway. That's why I tend to use a CPU that has several times more processing power than yours (in fact: 100,000,000*E^10,000 - larger than the number of known particles in the universe and cannot be written out fully on any medium!) - This CPU has amazing speed, abilities and runs on BrainOS '81 by GOD. I mentioned this earlier.

I watch hundreds of indicators, but at the end of the day, I want my brain to be filter to my trading opportunities, not a machine.

Intuition, feeling? In TRADING??? What are you talking about man? I have a fully thought-out trading system with rules (written down) that I follow, improve and update religiously.

I don't need a computer to execute them. Jesse Livermore didn't, doing the same kind of scalping, ~120 years ago...

Well, how smart. Actually, very often order flow lies. And this is where opportunities arise. The "fake signals" should be your friends. If not, you're on the opposite side to the pro's!
I'm talking about finding these opportunities and "observing" depth and T&S, not necessarily to follow it as "confirmation".

Fernando Gonzalez said (I quote!) during his chat on ET a few days ago:
<i>
"Since we are in a two-sided market (where participants are allowed to go LONG and SHORT any time)

Momentum is established by the number of Bulls versus the number of Bears

If there are more BULLS ... the market tanks straight DOWN
BULLS = Selling Energy

If there are more BEARS ... the market Skyrockets steeper than the Space Shuttle
BEARS = Buying Energy

do you see that my brain is inverted?
It's the only reason why I'm alive still. So ... Momentum .... the number of Bulls vs Bears ..... is king of direction"</i>

Do You know that this is probably the most well-kept secret in the Trading world? Amazing that he just said it there openly like that - But you have not the faintest idea yet how fundamentally valuable this is!

More bears=bullish (selling energy)
More bulls=bearish (buying energy

Until you get this, you will in fact always be on the OPPOSITE side of the trade - Like all losers.

You should also read the chat transcript and study it well!

Once you understand this concept, watch market depth again! It now can become a lethal weapon to you! I wish you good luck.

Actual scalping performance, smartie. First, you said yourself that scalping systems cannot be backtested. Second, nobody gives a flying fart about "hypothetical performance".

Yes, I can have "no losing days" If I'm scalping very short-term.
If I do 10-20 or more trades (a realistic daily scalping frequency on ES/NQ), then I expect to be net profitable at the end of the day.
Otherwise, how good am I if I'm not net profitable after 10-20 trades???

Regarding my "edge" is not patterns in market depth. What the edge is, I clearly defined and detailed in my post. Read again.
Again, You have no idea what you're talking about man. Any professional scalper knows that you don't "buy at market". What you try to do is X-M "cross the market", that is, so even you understand it, to buy at the bid and sell at the ask. With the filling fluctuations in the ES, this is indeed possible, and you're already 1 tick ahead of the game. If not, pass.

If you're afraid that the market may "move against you quickly", such as in a breakdown promising high velocity, then you put in a market order and i.e. sell 1/2 of your position as soon as you're up 4-5 ticks and trail your stop initially 3-4, then 3-6 ticks behind.

No noise, brother. You just can't read it. If I showed you an EEG, you wouldn't know what it means, and nothing makes sense and seems all fuzzy and random to you.

Well, if I showed that EEG to a trained doctor, he would be able to tell me whole stories and their meaning out of that EEG... Trust me.

It's all real, true market action, no matter what timeframe. It all starts somewhere - small, that is.


~The Scientist :cool: [/B]
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I wish someone create a hedge fund, which only trade scalping method. It is the purest form of trading. Scientist is right that you can have 'no losing day' with scalping.

Again, you have to find right instrument for scalping.
 
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