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2006.10.16 11:35
Indicators

NRTR WATR - indicator for MetaTrader 4

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Being one of indicators of group NRTR (Nick Rypock Trailing Reverse), the NRTR WATR indicator is a dynamic price channel adapted by volatility.

The NRTR WATR represents blue and red cubes that show the stop level. They can also be used as break-through alerts. If the price breaks through a level, it is highly possible that this movement will continue.





Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/9819

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