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Published:

25 October 2018, 15:50

Updated:

29 March 2023, 13:48

\MQL5\Include\

SmoothAlgorithms.mqh (130.2 KB) view

SSL_NRTR.mq5 (15.04 KB) view

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Real author: SSL_NRTR

NRTR type trend indicator based on exiting the channel formed by averaging High and Low of the price series. Apart from usual growth (green-pale green) and fall (red-pink) labels, it also features a flat signal (yellow).

The indicator uses the SmoothAlgorithms.mqh library classes (copy it to <terminal_data_folder>\MQL5\Include). The detailed description of the classes is available in the article Averaging Price Series for Intermediate Calculations Without Using Additional Buffers.

Fig. 1. SSL_NRTR

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/22000

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