The Bollinger Bands Jurik Indicator is a popular and free Forex indicator for the MT4 trading platform. It is useful for traders who want to identify potential breakouts and reversals in the market. The indicator uses a combination of two moving averages to generate signals. The first is a Jurik Moving Average (JMA), which is a smooth and responsive indicator, and the second is a Bollinger Band. The two indicators are combined to provide traders with a powerful tool to identify potential trading opportunities. The Bollinger Bands Jurik Indicator works by plotting the JMA and the Bollinger Band on the price chart. The JMA is used to generate buy and sell signals when the price crosses above or below the JMA. The Bollinger Band is used to identify potential breakouts and reversals in the market. When the price breaks out of the Bollinger Band, it can be a sign of a potential reversal or breakout. Overall, the Bollinger Bands Jurik Indicator is a useful and popular Forex indicator for the MT4 trading platform. It is free and easy to use, and can help traders identify potential trading opportunities in the market.
MT4
Bollinger Bands Jurik
The Bollinger Bands Jurik indicator is a popular and free Forex indicator for MT4 that is useful for traders. It works by measuring the volatility of the market and providing signals when the market is overbought or oversold. It is easy to use and can be customized to suit individual trading styles. With this indicator, traders can quickly identify potential trading opportunities and make informed decisions.
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Description
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How to Install
How install MT4/5 indicator in the terminal?
To install an MT4/5 indicator in the terminal, follow these steps:
Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.
Open the MT4/5 terminal and click on “File” in the top left corner.
Select “Open Data Folder” from the dropdown menu.
In the window that opens, double-click on the “MQL4/5” folder.
Double-click on the “Indicators” folder.
Drag and drop the indicator file from your computer into the “Indicators” folder.
Close the data folder window and restart the MT4/5 terminal.
The indicator should now be available in the “Navigator” window on the left-hand side of the terminal. Simply double-click on the indicator to add it to a chart.
Note: If the indicator is in a .zip file, you will need to extract it first before following the above steps.
And if asks to confirm DLL?
If the indicator you are installing requires access to external Dynamic Link Libraries (DLLs), you may see a pop-up message asking you to confirm the use of DLLs.
DLLs are external libraries that contain code that can be used by other programs. In the case of MT4/5 indicators, they are often used to perform complex calculations or connect to external data sources.
If you trust the source of the indicator and want to use it, click “Yes” to confirm the use of DLLs. If you are not sure or do not trust the source, click “No” to cancel the installation.
It’s worth noting that some indicators may not work properly without access to their required DLLs. If you choose not to allow access to DLLs and the indicator does not work as expected, you may need to reinstall the indicator and confirm the use of DLLs to get it to work properly.
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