In the realm of those rocket scientists who create formulas

to denoise statistical data for clearer signals.

 

The blue line is the JMA while the magenta line is a Simple MA.

Values above 10 will begin to create overshoot where the line

will go where price has not reached. 

 

[Description="Jurik Moving Average - responds rapidly and maintains comparable smoothness with significantly less lag."]
[target=price; color=dodger blue; width=2]
p:= input("Period",10,1,15);
TN1:=ma(C,p,S);
s1 :=   ((p-(2*0)-1)/2)*Ref(C,-0);
s2 :=s1+((p-(2*1)-1)/2)*Ref(C,-1);
s3 :=s2+((p-(2*2)-1)/2)*Ref(C,-2);
s4 :=s3+((p-(2*3)-1)/2)*Ref(C,-3);
s5 :=s4+((p-(2*4)-1)/2)*Ref(C,-4);
s6 :=s5+((p-(2*5)-1)/2)*Ref(C,-5);
s7 :=s6+((p-(2*6)-1)/2)*Ref(C,-6);
s8 :=s7+((p-(2*7)-1)/2)*Ref(C,-7);
s9 :=s8+((p-(2*8)-1)/2)*Ref(C,-8);
s10:=s9+((p-(2*9)-1)/2)*Ref(C,-9);
s11:=s10+((p-(2*10)-1)/2)*Ref(C,-10);
s12:=s11+((p-(2*11)-1)/2)*Ref(C,-11);
s13:=s12+((p-(2*12)-1)/2)*Ref(C,-12);
s14:=s13+((p-(2*13)-1)/2)*Ref(C,-13);
s15:=s14+((p-(2*14)-1)/2)*Ref(C,-14);
IT:=if(p=1,S1,if(p=2,S2,if(p=3,S3,if(p=4,S4,if(p=5,S5,if(p=6,S6,if(p=7,S7,if(p=8,S8,if(p=9,S9,if(p=10,S10,if(p=11,S11,if(p=12,S12,if(p=13,S13,if(p=14,S14,if(p=15,S15,0)))))))))))))));
TN1+(((p/2)+1)*IT)/((p+1)*p);
[color=magenta]
TN1;