Jurik Smooth Histogram MTF Indicator

The Jurik Smooth Histogram MTF Indicator is a simple forex trend oscillator that helps to understand the current market momentum and notifies you of possible changes in the market trends. It uses histogram bars to display its trade signals. 
The Jurik Smooth Histogram MTF Indicator displays green and red histogram bars. It’s a bit tricky because red histogram bars indicate bullish trend momentum, and conversely, green histogram bars indicator bearish trend momentum. We suggest pairing that indicator with some other technical analysis tools to improve the trade signal accuracy.

Buy Signal
-The Jurik Smooth Histogram MTF oscillator bars turn red
 Then wait for a bullish candle to occur
  At this moment price swings higher from recent low swing
-Buy trade is triggered after the above conditions are met
-Set stop loss a few pips below the last low point of the market
-Take profit or exit trade whenever the Jurik Smooth Histogram MTF 
 provides opposite signal or use your own preffered method of trade 
 exit

Sell Signal
-The Jurik Smooth Histogram MTF oscillator bars turn green
 Then wait for a bearish candle to occur
 At this moment price swings lower from recent high swing
-Sell trade is triggered after the above conditions are met
-Set stop loss a few pips above the last high point of the market
-Take profit or exit trade whenever the Jurik Smooth Histogram MTF 
 provides opposite signal or use your own preffered method of trade 
 exit

it fits all kinds of timeframes and currency pairs.