The Triple Jurik Smooth Moving Average indicator for Metatrader 5 creates Forex trend signals based on 3 Jurik smooth moving averages.
The indicator appears as 3 green and violet colored trend-following lines in the main price chart.
How to spot the trend with it?
- A bull trend occurs when the 3 green colored lines appear in the chart.
- A bear trend occurs when the 3 violet colored lines appear in the chart.
The indicator works for any trading instrument that can be loaded in the Metatrader 5 platform.
The following indicator inputs and parameters can be modified: smooth period, smooth phase, and line style.
Please make yourself familiar with this technical indicator and test it first on a demo account.
It supports all time frames and Forex pairs.
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Triple Jurik smooth.mq5 Indicator (MT5)
Chart Example
The following chart shows what the Triple Jurik Smooth Moving Average indicator looks like when applied to the MT5 chart.
How To Buy And Sell Forex Pairs With The Triple Jurik Smooth Moving Average Indicator?
Find a simple trading example below:
Buy Signal
- A bullish signal is given as soon as the 3 green colored signal lines get displayed in the chart.
- Open a buy trade and set your stop loss order below the previous swing low region.
- Close the buy trade for a fixed profit target, or hold the trade until the 3 violet colored Jurik MA lines appear in the chart.
Sell Signal
- A bearish signal is given as soon as the 3 violet colored signal lines get displayed in the chart.
- Open a sell trade and set your stop loss order above the previous swing high region.
- Close the sell trade for a fixed profit target, or hold the trade until the 3 green colored Jurik MA lines appear in the chart.
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Triple Jurik smooth.mq5 Indicator (MT5)
Frequently Asked Questions
How Do I Install This Custom Indicator On Metatrader 5?
- Open the MT5 trading platform
- Click on the File menu button located at the top left part of the platform
- Click on Open Data Folder > MQL5 folder > Indicators
- Copy the Triple Jurik smooth.mq5 indicator file in the Indicators folder
- Close and restart the trading platform
- You will find the indicator here (Navigator window > Indicators)
- Drag the indicator to the chart to get started with it!
How Do I Edit This Indicator?
- Click in the open chart with your right mouse button
- In the dropdown menu, click on Indicator List
- Select the indicator and click on properties
- Now you can edit the inputs, colors, levels, scale and visualization
- Finally click the OK button to save the new configuration
