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2012.12.07 10:12
Indicators

NxDRangeSwitch - indicator for MetaTrader 5

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Published by:
Nikolay Kositsin
Views:
1923
Rating:
votes: 13

The real author:

Vic2008

The NxDRangeSwitch indicator is the NRTR Moving Average placed above or below the price chart. In the down trend the indicator is placed above and colored in red, in the up trend it is placed below and has a green color. At the moment of trend changing a color square of the corresponding color appears. It can be used for placing Stop Losses.

Fig.1 the NxDRangeSwitch indicator

Fig.1 the NxDRangeSwitch indicator

This indicator was first implemented in MQL4 and published in Code Base at mql4.com on 02.09.2010.

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/1120

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