NRTR

NRTR – indicator MetaTrader 5

by
Nick Rypock Trailing Reverse indicator
The NRTR (Nick Rypock Trailing Reverse) indicator draws the base line (support and resistance) and a target line. Then the price exceeds the target, the position of the base line is changed in price movement direction, the minor price fluctuations are ignored. The cross of a base line means the change of the current trend, … Read more

NRTR – indicator MetaTrader 5

by
Fig.1. The NRTR indicator
Real author: Ramdass NRTR is a trend indicator calculated using the CLOSE prices. The indicator is always located at the same distance from the reached extreme price. For an uptrend, it is displayed below the chart; for the downtrend — above. The meaning of this distance is to filter small corrective movements counter to the … Read more