Discussion of article "The NRTR indicator and trading modules based on NRTR for the MQL5 Wizard"
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New article The NRTR indicator and trading modules based on NRTR for the MQL5 Wizard has been published:
In this article we are going to analyze the NRTR indicator and create a trading system based on this indicator. We are going to develop a module of trading signals that can be used in creating strategies based on a combination of NRTR with additional trend confirmation indicators.
Let's check the indicator operation by launching on one chart two NRTRs with different parameters: the first NRTR has the period of 12 and the width of 0.1%; the second NRTR's period is 120 and the width is 0.2%.
Author: Dmitrii Troshin