Trend Strength Jurik Smoothed Indicator

Trend Strength Jurik Smoothed Indicator

Identify market trends and validate current price momentum using Jurik Trend Strength Signals in MT5. Suitable for trading in the Forex market and stocks on MTF charts.

The Trend Strength Jurik Smoothed Indicator is an intriguing MT5 oscillator that simultaneously assesses the strength of a trend and shows the current state of the trend. Based on the crossover approach, the oscillator indicator can also help you spot high-probability buy/sell signals.

The formation of a new trend can be determined by the intersection of two moving averages on the oscillator, and we can open a trade in response.

This guide explains how to assess market trends and possible trade entry signals using the Smoothed Trend Strength Jurik Indicator for MT5.

How to Spot Potential Buy-Sell Signals Using the Trend Strength Jurik Smoothed Indicator for MT5

The indicator draws a blue signal slope indicating a bullish trend. Conversely, a orange line signals a bear market. In the chart above, the CHF/JPY has rejected horizontal support and bounced off the level in a bullish move. Meanwhile, the indicator turned blue and continued to rise, confirming a buy signal after an uptrend.

To confirm a sell, the price must be rejected from the resistance while the indicator is showing a orange line. If you are not using horizontal support/resistance levels, trend lines can also take you through key price levels.

Conclusion
The Trend Strength Jurik Smoothed Indicator signals are consistently accurate when used on higher timeframes in MT5. However, it is not recommended to rely on only one trend oscillator to confirm a buy or sell entry. As a rule, traders use it along with their trading strategies to improve the accuracy of signals. For beginners, it is ideal to combine the indicator with price chart tools when identifying a trading opportunity.