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Published:
2018.09.27 16:03
Updated:
2018.09.27 16:03
NRMA.mq5 (14.32 KB) view
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NRMA - an indicator by Konstantin Kopyrkin. It is one of the many implementations of the NRTR indicator (Nick Rypock Trailing Reverse).
The indicator displays NRMA and trailing stop positioning marks - NRTR.

There are four input parameters:

  • K - coefficient of NRTR points shift from the price and direction change
  • Smooth - NRMA smoothing factor
  • Fast - minimal smoothing period
  • Sharp - degree of dynamism

The indicator is used to determine entry points and trailing stop positions.

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/21841

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