Hi,Cazz223 wrote: Wed Sep 25, 2019 5:22 pm Hello Kam44
Would you please share with me how would you read/use Jurik volty bands with the MA?
I'm still learning the nuances of the indicator myself.
But the addition of an MA to the Jurik Bands lets me replace the 14 period RSI with an MA.
On a 4H chart when the Jurik Bands cross the zero line you can enter long/short. If you're conservative you can wait for a zero cross and then a pullback to the MA (I use an 8 period). A push into the outer bands will usually signify strength to the upside/downside. But it has to be a push into the outerbands and not just a touch and bounce back. However if it does bounce off the outerbands but doesn't retrace further than the MA that is usually a sign of continuation in that direction.
Pay attention to the angle of the outerbands when price touches it. If the outerband stays flat then usually price won't go much further?
You can also use this method on the lower timeframes but for the 15M timeframe it's best to let price push up against the outerbands.
Most importantly I think it's best to use the Jurik Bands indicator with a couple of moving averages to get a general sense of direction. Also pay attention to S/R levels as price may stall after it has crossed the zero line or hit the outerbands around strong S/R levels.
Hope this helps?