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2014.04.25 14:39
Indicators

NRTR_ATR_STOP - indicator for MetaTrader 5

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Published by:
Andrey Shpilev
Views:
2484
Rating:
votes: 23

Real author:

Collector (https://www.mql5.com/en/code/9217)

The indicator code is a "literal" translation from MQL4 to MQL5.

In general, the indicator can be used for determining trend on high timeframes (day, week), and for receiving short-term alerts of volatility breakthrough on small timeframes (hour, 4 hours). Intraday traders and small TF fans may also like this indicator.

Alas, a screenshot of the recommended resolution (750x500) does not reveal all the advantages; however, the indicator provides required information in a convenient way.

USDJPYH4_NRTR_ATR_STOP_Example

Tips:

  • May your trading be profitable! :)

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/2246

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