Theory:
The 'Smoother' indicator, often referred to as the Jurik Average, is a handy tool for traders, even though its connection to the original isn't well-established. Simply put, we call it the Smoother because it helps us identify self-adjusting levels that can guide our understanding of trend direction and potential support and resistance zones.
Usage:
One of the best features of the Smoother is its ability to signal changes in market conditions through color shifts. These color changes can serve as valuable cues for entering or exiting trades.
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