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Indicators

NRTR Rosh v2 - indicator for MetaTrader 5

Rosh | English Русский 中文 Español Deutsch 日本語 Português

Published by:
Nikolay Kositsin
Views:
4146
Rating:
votes: 12
Published:
2011.08.19 14:02
Updated:
2016.11.22 07:32
Download as ZIP, How to download code from MetaEditor

Real author:

Rosh

This indicator marks its values depending on the current trend.

In case of a downward trend, the indicator is colored red and magenta. In case of an upward trend, it is colored lime and aqua. When prices are rising, the level where crosses are set is a support line. When prices are falling they represent a resistance line. Similarly, aqua points show resistance levels when prices go up, while magenta ones show support levels during a downward trend.

MQL4 version of this indicator was published in CodeBase at mql4.com 02.11.2007.

NRTR Rosh v2

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/428

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