Meet the Creator:
Vic2008
The NxDRangeSwitch indicator is a fantastic tool for traders using MetaTrader 5. This indicator works by displaying the NRTR Moving Average right above or below your price chart. During a downtrend, you'll see it positioned above the price and highlighted in red, while in an uptrend, it sits below and is colored green. One neat feature is that when the trend flips, a color square pops up in the corresponding color, making it easy to spot those crucial trend changes. This can be a game-changer for setting your Stop Losses effectively!
Fig.1 NxDRangeSwitch Indicator
This handy indicator was originally developed in MQL4 and made its debut on the Code Base at mql4.com back on September 2, 2010. It's been helping traders make smarter decisions ever since!
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