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Nrtr

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Sergey Golubev
Moderator
99056
Sergey Golubev  

NRTR (Nick Rypock Trailing Reverse).

There are a lot of modifications of this indicator for mt3 and mt4 as well. But original idea came from here - see image attached. It was the good trading system in 2001.

Files:
nrtr.mql 2 kb
pic1.gif 11 kb
Sergey Golubev
Moderator
99056
Sergey Golubev  

Indicators Fisher and Efficiency.

Good combination.

Files:
fisher.mql 3 kb
Sergey Golubev
Moderator
99056
Sergey Golubev  

Next version of Fisher.

Files:
Sergey Golubev
Moderator
99056
Sergey Golubev  

Renko indicator (in main window).

Files:
renko.mql 2 kb
Sergey Golubev
Moderator
99056
Sergey Golubev  

RS-Herst.mql

Files:
rs-herst.mql 2 kb
herst.jpg 72 kb
forexpipmaster
105
forexpipmaster  

Nrtr

Newdigital: Which indicators do we run here, you have quite a selection to choose from ?? And maybe some instructions on how to use these.

Sergey Golubev
Moderator
99056
Sergey Golubev  
forexpipmaster:
Newdigital: Which indicators do we run here, you have quite a selection to choose from ?? And maybe some instructions on how to use these.

It is clear from the images.

Fisher, you know.

Then Renko is well-known indicator: some description with the images is here and little Renko discussion is here. And there is website which is selling the Renko and other indicators and WhatFor bought it the posted here for MT4. Some Renko charts you may see here and here and here. Renko indicator is very good with trend and useless with flat.

NRTR (Nick Rypock Trailing Reverse) is understandable from the image. This indicator is used to estimate the market reversal. But programmers who converted this indicator from mt3 to mt4 did not code the reversed idea and decided to use this indicator for stop loss only. So, the original indicator with everything is for MT3.

Sergey Golubev
Moderator
99056
Sergey Golubev  

Many different NRTR indicators with the examples about how to use it we may find in this thread https://www.mql5.com/en/forum/173249

Some other good NRTR indicators we may find on this thread https://www.mql5.com/en/forum/172923

Digital NRTR indicator is here with template https://www.mql5.com/en/forum/173010

Trailing the order based on NRTR indicator: the tool which is ready to use.

NRTR indicator with WMA 5/20 - EMA system is here https://www.mql5.com/en/forum/173101

etrader58
337
etrader58  

NRTR WATR indicator

Could you please discuss about NRTR WATR indicator here ?

I hope to collect the pros and cons of this simple indicator

Do you know any EA based on this indicator ?

Sergey Golubev
Moderator
99056
Sergey Golubev  
etrade:
Could you please discuss about NRTR WATR indicator here ?

I hope to collect the pros and cons of this simple indicator

Do you know any EA based on this indicator ?

About NRTR WATR you may read this thread https://www.mql5.com/en/forum/173249

And there are some system namely wma or something like thast (there is thread about it) with NRTR WATR as well.

Files:
nrtr_watr.gif 21 kb
etrader58
337
etrader58  

Many thanks for this. I wonder that there are various types of NRTR indicators with numerous discussions on it, but few devoted to NRTR WATR, as I believe the later one is more perfect.

newdigital:
About NRTR WATR you may read this thread https://www.mql5.com/en/forum/173249 And there are some system namely wma or something like thast (there is thread about it) with NRTR WATR as well.
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