The Jurik Moving Average (JMA) is a popular and free Forex indicator for the MetaTrader 4 (MT4) trading platform. Developed by John F. Ehlers, this indicator is a useful tool for traders and investors looking for an effective way to analyze the market. The Jurik Moving Average is a type of adaptive moving average that is designed to reduce lag and improve the smoothness of the average. It does this by using a complex algorithm that allows the indicator to adjust its smoothing factor in order to better reflect the current market conditions. This helps to reduce lag and provide more accurate signals. The Jurik Moving Average is a great indicator for traders who are looking for an effective way to analyze the market. It is also useful for identifying trend direction and momentum. By using this indicator, traders can spot potential entry and exit points, as well as areas of potential support and resistance. The Jurik Moving Average is a popular and free indicator for the MT4 platform. It is easy to use and can be easily integrated into any trading strategy.
MT4
Jurik Moving Average
The Jurik Moving Average (JMA) is a popular and free forex indicator for the MT4 platform. The indicator is based on the Jurik smoothing technique, which is a variation of the Moving Average Convergence Divergence (MACD). The JMA smoothes out the price action and eliminates the noise in the market, making it easier to identify trends. With its advanced smoothing technique, the JMA is a reliable and popular indicator that can be used to make informed decisions and maximize profits.
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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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