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Using a Moving Average Channel Breakout Indicator to Track Trends

Article MQL5 code base
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Summary

MA_NRTR is described as a trend indicator built from a channel based on a simple moving average. The display retains the channel segment corresponding to the direction of a breakout, using that segment to indicate the current trend. Colored circles and matching dots mark points associated with trade decisions.

The document attributes the indicator to Ivan Kornilov and notes an earlier MQL4 implementation. It gives no parameter settings, precise entry or exit rules, performance evidence, or risk controls, so the description is not enough to evaluate the signal's reliability or reproduce a strategy fully. The promotional material surrounding the description does not add trading methodology.

Key ideas

  • The indicator builds a channel from a simple moving average.
  • A breakout direction determines which channel segment remains visible.
  • Colored markers indicate points associated with trading decisions.
  • The document offers no parameter details, strategy rules, or test results.

Tags

Technical indicatorsTrend followingBreakout

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