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Based on the original Jurik Moving Average http://jurikres.com/catalog1/ms_ama.htm this is one of the most sought after moving averages.
Due to the recursive logic it the code uses Pshai’s CC_IndicatorMemory.
Example:
local src = ClosePrices()
local length = 20
local phase = 0
local exp = 2
local jma= CC_IndicatorMemory(
|i, mem| CC_JMA(src, length, phase, exp))
Plot(0, 'JMA', jma, {color=White, width=4})
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