FX-ULTRA

FX-ULTRA

iTrend JMA — Trading Indicator for MT5

Ehlers’ iTrend with Jurik MA smoothing for MT5 — low‑lag trend bias, clean flips, and practical alerts.

iTrend JMA (MT5)

iTrend JMA blends Ehlers’ Instantaneous Trend (iTrend) with Jurik Moving Average (JMA) smoothing. You get a low‑lag trend read with clean flips and entry signals on zero‑cross/trigger crosses — ideal for MetaTrader 5.

Overview

What it shows

  • iTrend core — instantaneous trendline/oscillator around zero (bias by sign).
  • JMA smoothing — reduces noise with minimal lag; clearer state changes.
  • (Optional) arrows/alerts — zero‑cross, trigger‑line cross, and slope flips.

Trade ideas

  1. Bias by sign: trade long while iTrend > 0 (JMA up); short when < 0 (JMA down).
  2. First pullback after flip: after a fresh zero‑cross, take the first retrace that respects bias.
  3. Continuation hooks: entries when iTrend hooks from mid‑zone while JMA slope stays aligned.
  4. (Optional) Divergence with price — early caution; seek confirmation.

Signals

Inputs that matter

  • iTrend length — responsiveness vs stability.
  • JMA length / phase — smoothness vs lag (phase can advance/lag slightly).
  • Trigger length — confirm crosses.
  • Alerts — zero/trigger/slope events.
  • Colors/widths — fast visual read.

Suggested usage

  • M5–M15: intraday momentum + pullbacks.
  • M30–H4: swing continuations with zero‑line filter.
  • Daily+: portfolio regime filter.

Installation (MT5)

  1. Open MetaTrader 5FileOpen Data Folder.
  2. Copy i-trend-jma.ex5 to MQL5/Indicators.
  3. Restart MT5 (or refresh Navigator) and attach iTrend JMA.
  4. Tweak inputs → OK.

FAQ

Does it repaint? No on closed bars; flips confirm at bar close.
Use in EAs? Yes, via iCustom.
Markets? FX, indices, metals, crypto — anything on MT5.


Disclaimer: Test on a demo account first; risk management is essential.