NRTR Rosh v2 - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
This indicator marks its value according to the current trend.
If there is a downtrend, the indicator appears red and magenta. If there is an upward trend, the colors are stone gray and aqua. When prices rise, the level of the cross is a support line. They represent resistance lines when prices fall. Likewise, the aqua dots show resistance when the price is rising, while the magenta dots show support when the price is falling.
The MQL4 version of this indicator was released in the code base of mql4.com on November 2, 2007.
Attachment download
📎 nrtr_rosh_v2.mq5 (15.35 KB)
Source: MQL5 #428
NRTR Rosh v2 - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
NRTR Rosh v2 - MetaTrader 5 script | Foreign exchange indicator download - MT4/MT5 resources are foreign exchange indicator related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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