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Basicly this NRTR indicators are very usefull with asctrend system. Because in asctrend system you open the order in the middle or in the end of the trend. The trend is estableshed already and you enter. So, we need just to estimate the reversal (to exit before reversal). NRTR indicators are used in classical/standard variations of asctrend. Some people are using NRTR indicators as trailing stop to move stop loss but originally those indicators should estimate the reversal. Asctrend thread is here ASCTrend system (check this thread from the beginning to find more about NRTR).
Braintrading system. In this system we are openning the order in the beginning of the trend. So, basicly we do not care about reversal. I am not talking about false signals - it is the other story. I am talking about reversal. But NRTR indicator is usefull sometimes if we do not want to attach many indicators to the chart just to estimate reversal/stop loss/trailing stop/filtering the signals. So, sometimes one or two NRTR indicators may do this job very well.
Please find the images with BrainTrading and Asctrend systems with NRTR.
All-in-one digital filters indicator. very advanced version:
- place indicator in C:\Program Files\MetaTrader 4\experts\indicators\
- place DF.dll file in C:\Program Files\MetaTrader 4\experts\libraries\
- place the other dll files in C:\Windows\System32\ or in \experts\libraries\ folders.
İs it possible to create sine weighed smoothed version of Relative Volatility Index indicator( by Donald Dorsey) or Bollinger Band oscillator?Like the one in the linked?Trader.Online.pl® - MetaStock™ Zone - Bollinger Bands as Oscillator IV by Corey Saxe
İn my opinion they would be good combination for timing along with the other digital filter indicators.