Indicators: StepMA_NRTR

[Automated-Trading]

StepMA_NRTR:

StepMA made as the Nick Rypock Trailing Reverse (NRTR) indicator.

Trading strategy:

• It is time to buy when the indicator line is changing its location and the green dot appears. We should keep our long positions, while the line is violet.
  
• It is time to sell when the red dot appears. We should keep our short positions, while the line is yellow.

Author: Nikolay Kositsin

[hphp69]

Automated-Trading:

StepMA_NRTR:

Author: Nikolay Kositsin

Hi,

Good indicator..... but can develop the same for MQL4,  as i need to use the indicator in MQL4... PLEASE..

 

Regards

hphp69

[e-mail] 

[Ivan Smirnov]

Yes I need it for MT4 too as some brokers still use MT4, and will use it for foreseeable future. 

[Sergey Golubev]

Forum on trading, automated trading systems and testing trading strategies

Indicators: NRTR

newdigital, 2014.01.08 07:21

NRTR is Nick Rypock Trailing Reverse and the theory behind it is the following:

This Nick Rypock concept or idea was created by Konstantin Kopyrkin in 2001 ... If we read 'Nick Rypock' from back to front so we will receive the name of the author of idea ... by the way - it is good idea to name the idea by own name