SSL_NRTR – indicator MetaTrader 5

Real author: SSL_NRTR

NRTR type trend indicator based on exiting the channel formed by averaging High and Low of the price series. Apart from usual growth (green-pale green) and fall (red-pink) labels, it also features a flat signal (yellow).

The indicator uses the SmoothAlgorithms.mqh library classes (copy it to <terminal_data_folder>MQL5Include). The detailed description of the classes is available in the article Averaging Price Series for Intermediate Calculations Without Using Additional Buffers.


Fig. 1. SSL_NRTR


https://www.mql5.com/ru/code/22000

📈 ROBOTFX MetaTrader Expert Advisors and Indicators to maximize profits and minimize the risks
Alternative:   iTrend - indicator MetaTrader 5