NRMA - MetaTrader 5 Script - MQL5 #7028 | Forex Indicator Download - MT4/MT5 Resources

Constantine Kopyrkin's famous indicator gave rise to a large number of NRTR indicator implementations. NRMA Moving Average (line) and Trailing Stop NRTR (circular dots) are implemented in this variant.

See the author's website for details.

The indicator uses the SmoothAlgorithms.mqh library class (must be copied to the terminal data folder \MQL5\include). The use of the class "Average price series for intermediate calculations without using additional buffers" is described in detail in the article.

The indicator was first implemented in MQL4 and released in the code base on August 19, 2006.

Figure 1. NRMA indicator

Attachment download

📎 smoothalgorithms.mqh (134.03 KB)

📎 nrma.mq5 (10.07 KB)

Source: MQL5 #7028