Free Forex Indicators (MT4), Trend Following Indicators

Jurik Smooth Histogram MTF

Jurik Smooth Histogram MTF is a simple forex trend oscillator that is able to guide through the entry to exits of your trend-following tradings. Its developer has stressed more on the simplicity of its use and the quality of its trade signals. Therefore, this smooth histogram can be a great helping hand for the newbie trend-oriented traders.

Jurik Smooth Histogram MTF can be applied to trade all kinds of forex current pairs listed in the markets. Furthermore, this sophisticated forex tool suits all sorts of timeframe charts within your MT4 trading platform.

Jurik Smooth Histogram MTF Overview

Download the MTF and install it on your MT4 terminal. Once you’re done, find your trading chart like the following image

Jurik Smooth Histogram MTF Overview

Jurik Smooth Histogram MTF Explanation

Jurik Smooth Histogram MTF applies a unique algorithm that can count the highs and lows of the price volatility and transforms the price-action data into simple trend signals.

This indicator helps you to understand the depth of the current market momentum and notifies you for possible changes in the market trends. It uses histogram bars in order to plot the trade signals.

Jurik Smooth Histogram MTF Explanation

The bars switch their colors from green to red means the market is entering into a bullish mode. In the opposite way, the bars turn green from red represents the bearish trend signals of the market. You can also add other trend-following forex indicators to Jurik Smooth for enhancing the trade signal accuracy.

Jurik Smooth: Buy Conditions

Jurik Smooth Buy Conditions
  • Jurik Smooth Histogram bars turn red
  • A bullish candle is plotted at the same time
  • Buy triggers at the break of the respective bullish candle’s high
  • Set stop loss below the current low of the market
  • Exit long/take profit whenever Jurik Smooth bars turn green

Also Read: CAP Channel Trading Indicator MT4

Jurik Smooth: Sell Conditions

Jurik Smooth Sell Conditions
  • Jurik Smooth Histogram bars turn green
  • A bearish candle is plotted at the same time
  • Sell triggers at the break of the respective bearish candle’s low
  • Set stop loss above the current high of the market
  • Exit short/take profit whenever Jurik Smooth bars turn red

I have been actively trading the financial markets since April 2012. Besides trading with my personal money I am a technical analyst in a mutual fund that has Rs. 1 billion in assets under management. At my leisure, I love attending live music, traveling, and partying with friends.

1 thought on “Jurik Smooth Histogram MTF”

  1. I love some of the indicators. They are wonderful. May God reward you abundantly for helping the masses.


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About Trend Following System

Trend Following System's goal is to share as many Forex trading systems, strategies as possible to the retail traders so that you can make real money.

Risk Warning: Trading in the forex market is very risky. Thus, it is may not be for everyone. A highly leveraged position can work against the trader when the trade does not work as expected. Trading in the forex market can cause to lose a significant portion of the capital or all of the capital. It is crucial to learn about the trading and gain enough experience in the demo account before trading with real money. The trading strategies published on this website do not guarantee profit as the market is dynamic and unpredictable. The past performance of a strategy is not the indicative of future performance. Trend Following System will not accept any kind of liability or damage caused by trading the strategies published on this website.
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