Skip to content
All library documents

BrakeExp: A Simple NRTR Trend Indicator Similar to Parabolic SAR

Article MQL5 code base

Summary

BrakeExp is described as a simple trend indicator shown in NRTR form, with use compared to Parabolic SAR. The document gives no calculation rules, chart examples, or trading instructions, so the indicator’s signal behavior and implementation cannot be assessed from the description alone.

It notes that an earlier MQL4 implementation was published in 2012 and translated from Russian. No performance evidence, parameter guidance, or risk discussion is included.

Key ideas

  • BrakeExp is presented as a trend indicator in NRTR form.
  • Its use is described as similar to Parabolic SAR.
  • The document provides no formula, settings, or performance evidence.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.