LT NRTR MT5

Number of bars used to calculate the Average True Range. The ATR measures recent volatility and determines how far the NRTR line trails behind price. A higher period smooths out noise but reacts slower; a lower period is more responsive but may produce more false flips.

Multiplier applied to the ATR to set the trailing distance of the NRTR line from price. A larger coefficient gives the trend more room (fewer whipsaws); a smaller coefficient keeps the line tighter (faster reversals).

Color of the NRTR line when the trend is bullish (price above the NRTR level).

Color of the NRTR line when the trend is bearish (price below the NRTR level).

Thickness of the main NRTR line on the chart. Accepts values from 1 (thinnest) to 5 (thickest).

Controls which arrows are drawn on trend changes. Set to 0 to show only the stop/reversal markers at the flip point. Set to 1 (default) to show both entry signal arrows and stop markers.

Size of the signal arrows drawn on trend changes. Range 1 (smallest) to 5 (largest).

Color of the upward (buy) arrow drawn when the NRTR flips from bearish to bullish.

Color of the downward (sell) arrow drawn when the NRTR flips from bullish to bearish.

Wingdings font character code for the buy arrow. Code 233 renders as an upward arrow. Change to any valid Wingdings code to use a different arrow shape.

Wingdings font character code for the sell arrow. Code 234 renders as a downward arrow.

When enabled, fills the area between the NRTR line and price with a semi-transparent color cloud. The cloud turns green during bullish trends and red during bearish trends.

Color of the cloud fill during bullish conditions. Defaults to dark green (RGB 0, 80, 0). Adjust the RGB values to change the intensity.

Color of the cloud fill during bearish conditions. Defaults to dark red (RGB 80, 0, 0).

Displays the current NRTR level as a price tag on the right edge of the chart, making it easy to read the exact stop level at a glance without hovering over the line.

Master toggle for the higher-timeframe NRTR overlay. When disabled (default) no HTF line is drawn and the remaining HTF settings have no effect.

The timeframe used to calculate the HTF NRTR line. Defaults to H4. The indicator uses the same ATRPeriod and Coefficient for both the main and HTF lines.

Color of the HTF line when the higher-timeframe NRTR is in a bullish state. Defaults to Dodger Blue to visually distinguish it from the primary lime-green line.

Color of the HTF line when the higher-timeframe NRTR is in a bearish state. Defaults to orange-red (RGB 255, 69, 0) to distinguish it from the primary red line.

Thickness of the HTF overlay line. Defaults to 3 (slightly thicker than the main line at 2) to make it visually distinct.

Drawing style for the HTF overlay line. Options: STYLE_SOLID (default), STYLE_DASH, STYLE_DOT, STYLE_DASHDOT, STYLE_DASHDOTDOT.

Master toggle for the on-chart dashboard panel. Disable to remove the panel entirely for a cleaner chart view.

Horizontal position of the dashboard panel in pixels from the left edge of the chart window.

Vertical position of the dashboard panel in pixels from the top edge of the chart window.

Color of the general text labels displayed in the dashboard panel.

Color used for bullish (uptrend) trend state indicators in the dashboard. Applied to rows where the NRTR is bullish.