Better DMX Jurik Histogram Indicator

The Better DMA Jurik Histogram Indicator is a sophisticated MT4/MT5 tool that combines two powerful indicators:

Directional Movement Index (DMX / Bipolar DMI): Tracks the current trend with dual lines derived from the conventional ADX.

Jurik Smooth Histogram: Shows momentum and detects market trend changes with smooth color-coded bars.

This combination provides traders with a clear view of market trend and momentum, making it suitable for trading any instrument on any timeframe. It can be integrated with both short-term and long-term strategies.

How the Better DMA Jurik Histogram Works

The indicator appears in a separate window below the price chart. It includes:

Double lines (+DI and -DI) oscillating around the zero line.

Histogram bars that change color (red to green) to indicate momentum shifts.

By combining these features, the indicator allows traders to filter signals and identify high-probability entries.

Trading Signals

Buy Signal

Histogram bars change from red to green.

Bars are above the zero line.

The +DI (blue) line crosses above the -DI line.

Sell Signal

Histogram bars change from green to red.

Bars cross below the zero line.

The +DI line moves below the -DI line.

Real Trading Example

An ideal setup occurs when:

For a sell trade: Indicator bars turn red, +DI changes to coral, and histogram crosses below the zero line.

For a buy trade: Histogram crosses above the zero line, bars change from coral to green, and +DI crosses above -DI.

Exit Strategy:

Close trades when histogram or indicator lines become blank or change color.

Place stop loss above the recent swing high for sell trades or below the swing low for buy trades.

Set take profit near the next support/resistance levels.

Why Use the Better DMA Jurik Histogram Indicator

Dual filtering: Combines trend (+DI/-DI) and momentum (Jurik histogram) for more accurate entries.

Color-coded bars: Simplifies visual recognition of trend changes.

Versatile: Suitable for any instrument, timeframe, and trading style.

Improves precision: Helps avoid false signals common with standalone indicators.

Conclusion

The Better DMA Jurik Histogram Indicator is a robust trading tool that merges trend tracking and momentum analysis into one interface. Its color-changing histograms and double-line crossovers provide accurate buy and sell signals, making it valuable for both novice and experienced traders.

Download the Better DMA Jurik Histogram Indicator for free at IndicatorForest.com and start improving your trading entries and exits.