SSL with NRTR indicator

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SSL with NRTR indicator

Postby Alexander.Gettinger » Tue Jun 18, 2013 1:09 pm

This indicator is a ported MQL5 indicator from http://www.mql5.com/en/code/1682

SSL_With_NRTR.PNG


Download:
SSL_with_NRTR.lua
(5.28 KiB) Downloaded 1107 times


For this indicator must be installed Averages indicator (viewtopic.php?f=17&t=2430).


MTF SSL_with_NRTR.png

MTF SSL_with_NRTR.lua
(8.49 KiB) Downloaded 714 times

SSL_with_NRTR with Alert.lua
(15.15 KiB) Downloaded 197 times


The indicator was revised and updated
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Re: SSL with NRTR indicator

Postby 7510109079 » Fri Jun 21, 2013 5:39 am

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
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Re: SSL with NRTR indicator

Postby Apprentice » Sun Jun 23, 2013 2:26 pm

Your request is added to the development list.
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Re: SSL with NRTR indicator

Postby 7510109079 » Thu Jul 11, 2013 2:55 am

many thx. Just checking in again. This indicator continues to perform well
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Re: SSL with NRTR indicator

Postby 7510109079 » Thu Jul 11, 2013 3:25 am

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
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Re: SSL with NRTR indicator

Postby 7510109079 » Thu Jul 11, 2013 1:39 pm

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?
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Re: SSL with NRTR indicator

Postby Apprentice » Sun Jul 14, 2013 2:40 am

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]);
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Re: SSL with NRTR indicator

Postby 7510109079 » Tue Jul 16, 2013 3:07 am

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
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Re: SSL with NRTR indicator

Postby Apprentice » Wed Jul 17, 2013 3:59 am

Yes it is possible.
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Re: SSL with NRTR indicator

Postby Apprentice » Thu Jul 18, 2013 2:11 pm

MTF Version Added.
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