Nrtr

Hi ND,

I observed, NRTR is ensuring 10-20pips around EU/London Open(GBP pairs). Great one.

Originally Posted by newdigital

There is one similar indicator in premium section:
AbrahamTrend_v2.1 600+ indicator is on this post. This is the updated MTF AbrahamTrend indicator with the advanced popup/email/push alerts.

and there is the public system based on this indicator: Ichimoku Abraham Trend system
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Attachment 30533

Attachment 30534

Attachment 30535

The NRTR indicator and trading modules based on NRTR for the MQL5 Wizard

In this article we consider an indicator that builds a dynamic price channel. A trading Expert Advisor is created based on this channel. Such systems can perform well in trend periods, but give a lot of false signals in flat movements. Therefore additional trend indicators are required. Choosing an appropriate indicator is not an easy task, and the choice often depends on specific market conditions. Therefore, a good solution is to provide for a possibility to quickly connect any selected indicator to a ready trading system.

That's why we will use the following approach. We will create a special module of trading signals for the MQL5 Wizard. Later on we will be able to create a similar module based on any selected trend indicator to produce Yes/No signals indicating the presence or absence of a trend. A combination of multiple modules can be used when creating a trading system, so we can easily combine various indicators.

Two Horizontal Lines - expert for MetaTrader 5

The user initially draws two lines on the chart - Horizontal Line "UP" Name and Horizontal Line "DOWN" Name . Further, the adviser places these lines at the maximum and minimum prices of the previous day. When moving the lines, Open and Close prices are taken into account so that the Horizontal Line "UP" Name line is always above and the Horizontal Line "DOWN" Name line is at the bottom.

Stalin_NRTR - indicator for MetaTrader 5

The Stalin indicator in the form of NRTR.

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HTF/MTF version of this indicator:

Stalin_NRTR_HTF - indicator for MetaTrader 5

Originally Posted by newdigital

Good news for the traders who like Metatrader 5:

Igorad coded NRTR Color Line indicator for Metatrader 5 platform as well. This indicator works very wekk with Asctrend indicator for Metatrader 5.

• NRTR Color Line indicator for Metatrader 5 (attached to this post)
• Asctrend indicator for Metatrader 5 (please, download from mql5 Codebase)

And please find some article Trading the Trend,A.Abraham which will give you some clue about this indicator and any similar indicators, for example - AbrahamTrend_v1 indicator (attached) as a variation of NRTR for example.

Good afternoon Mr. Igorad

Look at the image that I attach



There have been two continuous bearish signals, with no bullish signal in between.

It's the first time that I see it

It is normal??

I am looking forward to your response.

Receive a warm greeting

Originally Posted by Hermo

Good afternoon Mr. Igorad

Look at the image that I attach

There have been two continuous bearish signals, with no bullish signal in between.

It's the first time that I see it

It is normal??

I am looking forward to your response.

Receive a warm greeting

I am not Igorad ... but as far as I understand - this NRTR Color Line indicator is used to be as a filter (to filter false bearish/bullish signals).
So, it is not a signal indicator telling about where to buy and where to sell for example.
Besides, this indicator may tell about reversal (from bearish to the bullish and vice versa).

Originally Posted by newdigital

I am not Igorad ... but as far as I understand - this NRTR Color Line indicator is used to be as a filter (to filter false bearish/bullish signals).
So, it is not a signal indicator telling about where to buy and where to sell for example.
Besides, this indicator may tell about reversal (from bearish to the bullish and vice versa).

Hi Sergey:

Besides, this indicator may tell about reversal (from bearish to the bullish and vice versa)

Correct Sergey

Never observe two consecutive signals in the same direction

Always a bullish signal followed by a bearish signal

* For that reason I reported it, I did not see it normal, and I thought that surely something was wrong in the code.

It is surely a good signal filter, even if it was built for that reason.

I am studying it to give it another use




It's an idea contento):





Thanks anyway Sergey