How the NRatio Signal Indicator Displays Trend and Trading Signals
Summary
The NRatio_Signal indicator is described as a visual overlay in a separate, narrow chart window. A two-color line represents the current trend, while colored stars mark signals. Its calculations use values from the NRatio indicator on a fixed timeframe, so it depends on that separate indicator file being available in the platform’s indicator directory.
The document is a brief description of a charting tool, not a trading strategy analysis. It gives no definition of the NRatio calculation, criteria for generating stars, signal timing details, market examples, or performance evidence. It also does not explain how the fixed timeframe affects interpretation or discuss false signals and risk controls. Traders would need the underlying indicator documentation and direct evaluation before inferring what the displayed trend or signals mean for a trade.
Key ideas
- The indicator plots trend information as a two-color line in a separate chart window.
- Colored stars mark signals generated from the NRatio indicator.
- The calculation uses a fixed timeframe and requires the separate NRatio indicator.
- The description provides no signal rules, performance evidence, or risk-management guidance.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.