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 );
}
}
}