NRTR Indicator Expert Advisor with Bar-Close Signals

Summary

This document describes an Expert Advisor that trades from signals produced by the NRTR indicator. A signal is recognized at a bar’s close when the indicator displays a large colored dot. The text does not specify the direction mapping, position sizing, or any additional entry and exit logic, so the signal description alone is not a complete trading plan.

The advisor requires a compiled NRTR indicator file. The document also notes a trading library intended to support brokers with nonzero spreads and simultaneous stop-loss and take-profit settings. It reports that a test was run on GBPUSD at the four-hour interval for 2015 using default advisor inputs, with neither stop loss nor take profit enabled. No numerical results or detailed test conditions are included, which limits assessment of robustness and risk.

Key ideas

• The Expert Advisor uses NRTR indicator dots to generate signals at bar close.
• The document does not explain how dot colors map to buy or sell actions.
• A compiled NRTR indicator file is required for operation.
• The described test used GBPUSD on a four-hour chart in 2015 with default inputs and no stop loss or take profit.
• No numerical performance results are provided.

Tags

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