Nrtr

NRTR is Nick Rypock Trailing Reverse and the theory behind it is the following:

This Nick Rypock concept or idea was created by Konstantin Kopyrkin in 2001 ... If we read 'Nick Rypock' from back to front so we will receive the name of the author of idea ... by the way - it is good idea to name the idea by own name

I opened the thread about this indicators' versions because it was part of old asctrend trading system for many years and I used it for the long time.

Indicator for metatrader 4 is attached.

How to use it? well ... we can see here:

I will upload template and indicators tomorrow for this NRTR system and we can start to trade for example.

This is the other variatrion of this indicator:

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.

And it is some images taken from Metatrader 5 with NRTR Color Line indicator and Asctrend indicator (default settings for both):

I think - we need the thread about Asctrebnd system to create this system for both Metatrader platforms - for MT4 and for MT5.

This is screenshot with the following indicators:

1. AbrahamTrend_v1 (download from this thread)
2. Ichimoku cloud (standard Ichimoku indicator with the settings as 72/144/288) and
3. FXstreet_Calendar_v2 indicator (download from this thread).

Template is attached. Just to remind: place indicators to indicator folder, and template to template folder (for example - to C:\Program Files\Alpari NZ MT4\templates)

Originally Posted by newdigital

This is screenshot with the following indicators:

1. AbrahamTrend_v1 (download from this thread)
2. Ichimoku cloud (standard Ichimoku indicator with the settings as 72/144/288) and
3. FXstreet_Calendar_v2 indicator (download from this thread).

Template is attached. Just to remind: place indicators to indicator folder, and template to template folder (for example - to C:\Program Files\Alpari NZ MT4\templates)

Just some trades based on this system (initial deposit is 200):

I have an idea for the EA:

• if the signal/dot of AbrahamTrend_v1 is above the cloud so buy trade is accepted only

• if the signal/dot of AbrahamTrend_v1 is below the cloud so sell trade only

• if the signal/dot of AbrahamTrend_v1 is inside the cloud so no trades opened

• initial stop loss = dot of AbrahamTrend_v1

• traing stop: line of AbrahamTrend_v1, or fixed trailing stop with take profit (optional).