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NRMA - MetaTrader 5 Script - MQL5 #21841 - MT4/MT5 Resources

author EAcpu | 2 reads | 0 comments |

NRMA - indicator for MetaTrader 5

NRMA- Indicator by Konstantin Kopilkin . It is one of many implementations of the NRTR indicator (Nick Rypock Trailing Reverse ).
The indicator shows NRMA and trailing stop positioning mark - NRTR.

There are four input parameters:

This indicator is used to determine entry points and trailing stops.

NRMA - indicator for MetaTrader 5


Attachment download

📎 nrma.mq5 (14.32 KB)

Source: MQL5 #21841

NRMA - MetaTrader 5 Script - MQL5 #21841 Usage and Filtering Advice

NRMA - MetaTrader 5 Script - MQL5 #21841 is a resource related to foreign exchange indicators. 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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