SSL_NRTR - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources

Real author: SSL_NRTR

The NRTR type trend indicator is based on exiting a channel formed by the average highs and lows of a price series. In addition to the usual growth (green-light green) and autumn (red-pink) labels, it also has a flat signal (yellow).

The indicator uses SmoothAlgorithms.mqh library class (copy it to \MQL5\Include). A detailed description of the class can be found in the article Average price series for intermediate calculations without using additional buffers .

Figure 1. SSL_NRTR

Attachment download

📎 SmoothAlgorithms.mqh (130.2 KB)

📎 SSL_NRTR.mq5 (15.04 KB)

Source: MQL5 #22000