NRTR Indicator

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The NRTR Indicator

The idea of the NRTR (Nick Rypock Trailing Reverse) indicator was proposed by Konstantin Kopyrkin. Interesting information: the name Nick Rypock is derived from the surname Kopyrkin written backwards.

Let's get back to the indicator. It is a dynamic price channel. The author illustrates its main idea with the following figure:

Image 5026

Original:

https://www.mql5.com/en/articles/3690

Modified by me. (Add buffer names):

NRTR.ex5
NRTR.mq5

NRTR-Direction

Image 5029

Image 5030

NRTR-Signal

Image 5031


TestFile:

Test_v2.54-Direction.set
Test_v2.54-signal.set