NRTR%

Modified on 2010/09/13 15:17 by Eugene — Categorized as: Community Indicators

NRTR%: Indicator Documentation

Syntax

DataSeries NRTR_Pct( Bars bars, double percent );

Parameter Description

bars	A Bars object
percent	Reversal percentage

Description

The NRTR% indicator was created by Russian trader Konstantin Kopyrkin. It implements the trailing reverse technique based on price percentage (here: closing price). Crossovers and crossunders of the NRTR line can be used to trigger trend trades.

Original article (in Russian)

Example

This example illustrates how to plot the 10-percent NRTR%:


using System;
using System.Collections.Generic;
using System.Text;
using System.Drawing;
using WealthLab;
using WealthLab.Indicators;
using Community.Indicators;

namespace WealthLab.Strategies
{
	public class NRTR_Demo : WealthScript
	{
		private StrategyParameter paramMult ;

		public NRTR_Demo()
		{
			paramMult = CreateParameter("% Reversal", 10, 1, 10, 1);
		}
		
		protected override void Execute()
		{
			double Mult = paramMult.Value;
			NRTR_Percent nrtr = NRTR_Percent.Series( Bars, Mult );
			PlotSeries( PricePane, nrtr, Color.Blue, LineStyle.Solid, 2 );
		} 
	}
}