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NRTR ATR Stop Expert Advisor Signal Rules and Test Scope

Article MQL5 code base

Summary

This document describes an Expert Advisor that trades signals from the NRTR_ATR_STOP indicator. A signal is recognized when a large colored star appears at a bar’s close. The system requires the compiled indicator file, and a supporting library is mentioned for brokers that charge nonzero spreads or require stop-loss and take-profit settings when opening positions.

The document says its example tests used default Expert Advisor inputs and did not use stop-loss or take-profit orders. It identifies GBPUSD on the one-hour chart and 2015 as the test scope, but supplies no readable performance statistics or discussion of costs, drawdowns, or robustness. The signal’s calculation and the trade-entry and exit rules are not explained, so readers cannot evaluate the strategy or reproduce its results from this description alone.

Key ideas

  • The Expert Advisor acts on NRTR_ATR_STOP indicator signals at bar close.
  • A signal is indicated by a large colored star on the chart.
  • The described example test used GBPUSD on the one-hour chart in 2015.
  • Stop-loss and take-profit orders were not used in the reported test setup.
  • The document does not provide performance figures or enough strategy detail to reproduce the test.

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