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SSL with NRTR indicator
Posted:
Tue Jun 18, 2013 1:09 pm
by Alexander.Gettinger
This indicator is a ported MQL5 indicator from
http://www.mql5.com/en/code/1682Download:
For this indicator must be installed Averages indicator (
viewtopic.php?f=17&t=2430).
The indicator was revised and updated
Re: SSL with NRTR indicator
Posted:
Fri Jun 21, 2013 5:39 am
by 7510109079
thx for this port which works quite nicely.
Can you make this into a strategy?
If so. is it possible to somehow specify a custom stop amount or is this built in?
rgrds
Re: SSL with NRTR indicator
Posted:
Sun Jun 23, 2013 2:26 pm
by Apprentice
Your request is added to the development list.
Re: SSL with NRTR indicator
Posted:
Thu Jul 11, 2013 2:55 am
by 7510109079
many thx. Just checking in again. This indicator continues to perform well
Re: SSL with NRTR indicator
Posted:
Thu Jul 11, 2013 3:25 am
by 7510109079
Evaluating this indicator further it shows to be performing well. However for it to function efficiently as a strategy, provision would have to be made for the use of Stops to limit losses and secure profits.
It would be beneficial if the user would be able to specify:
(i) a stop loss either as a percentage price move compared to that of current price or an absolute currency amount
(ii) a trailing stop to capture profits
Would it be possible to build in such functionality to the strategy?
many thx in advance
Lawrence
Re: SSL with NRTR indicator
Posted:
Thu Jul 11, 2013 1:39 pm
by 7510109079
Would it also make sense to be able to change the k value of the NRTR offset?
What is this set to be default in your code?
Re: SSL with NRTR indicator
Posted:
Sun Jul 14, 2013 2:40 am
by Apprentice
NRTR offset Is not set by variable.
This is the formula.
DN[period]=math.min(HMA.DATA[period-1], DN[period-1]);
UP[period]=math.max(LMA.DATA[period-1], UP[period-1]);
Re: SSL with NRTR indicator
Posted:
Tue Jul 16, 2013 3:07 am
by 7510109079
Ah OK , then I don't understand it clearly , but do not be put off by that, as the indicator still works well.
Is it still possible to put stop loss and trailing stop functionality into the strategy?
thx
Re: SSL with NRTR indicator
Posted:
Wed Jul 17, 2013 3:59 am
by Apprentice
Yes it is possible.
Re: SSL with NRTR indicator
Posted:
Thu Jul 18, 2013 2:11 pm
by Apprentice
MTF Version Added.