XCCX Oscillator Signals with an ATR-Based NRTR Line
Article MQL5 code base
Summary
This indicator combines the XCCX oscillator with an NRTR line calculated from ATR values. It produces semaphore-style signals and is described as similar to BykovTrend, with the volatility-based line adding a trailing reference to the oscillator signal.
The document identifies the indicator’s author and notes that it relies on a smoothing library for intermediate calculations. It does not specify signal thresholds, entry or exit rules, parameter choices, or any test results. The description supports understanding the indicator’s components, but provides no evidence that its signals predict market direction or perform well in trading.
Key ideas
- The indicator combines an XCCX oscillator with an NRTR line based on ATR values.
- It displays semaphore-style trading signals.
- The design is described as resembling BykovTrend.
- Its implementation depends on a smoothing library, while the document gives no performance evidence.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.