Nice indicator , nice profits , nice system

Hi , I have just found a good indicator and wanted to share it with you guys , let me now the results later ok ?
Just don't use it on news (or you can use it to confirm your signal on news) , and try to confirm in some time frames above the used , like 5-15min , etc

Perhaps I will be expressing my lack of knowing but here goes. Looks interesting and how do you use it?

Regards,

Art

Well , just download it and you will see

hi ,

when loaded in indicators folder i m unable to add the indicator. it appears disabled under Custom options..

can u please load another version of it...or is there any protection

regards,

jas

Are you using this for exits or entries?

It lags big time.

It looks like its a EMA that lags.

Looks like an ATR based indicator, more suited for trailing stop type exits than entries, IMHO.

David

That NRTR_Stop looks familiar, checkout this this.
http://www.forexfactory.com/showthre...t=12808&page=3

There are plenty of ATR-based indicators around. See my recent post here. I recall an ATR-based trailing stoploss being called a 'chandelier exit' by Chuck LeBeau some years back.

Pipo, the TeamAphid folk were using BAT as a volatility-based breakout entry signal. Reading the latter part of the thread in your link, it appears that they have moved on now. I believe that there are more accurate ways of timing breakout entries.

David