Jurik Velocity Index indicator: the best impulse indicator
Jurik Velocity Index (JVEL) indicator - is an impulse indicator, which is a simple but effective method for determining the direction of the market.
The diagram of the usual indicator gives a lot of false signals. Noise filtering using moving average leads to a lag of the indicator. In the JVEL indicator the problem of eliminating noise without lag is solved by using the Jurik smoothing method.
Jurik Velocity Index Pulse Indicator is available in several modifications, allowing the trader to choose the best option for effective use in trading strategies.
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