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What is so remarkable about the Nema general PRT indicator? It calculates all known derivatives of “EMA” (you know some: DEMA – or, more simply, EMA of the 2nd depth level, TEMA – EMA of the 3rd depth level…DecEMA …and so you can dive into your research up to level 50…) If you set the depth = 1, then it will be an analogue of “EMA”; I repeat – depth 2 = “DEMA”; depth 3 = “TEMA”…Experiment – check the behavior of the created average at other depths. The indicator also has the ability to set the “average” that will be displayed on the chart – its period not only as a whole, like all related indicators, but also as a fractional one! Additionally, it is possible to set the price type by choosing from 22 options! A trader is an Artist. A trader is the Creator of his trading strategy, a trader is always an experimenter… Try it and you will succeed!!!
You can use this indicator in our versatile ProfRoboTrading Channel EA, in wich you can seamlessly integrate various channel, arrow, and reversal indicators. It offers the flexibility to use all popular channel trading strategies, while also providing powerful tools to customize your trading conditions and risk management system.
ProfRoboTrading Channel EA for MT4:
https://www.mql5.com/en/market/product/140233?source=Site+Market+MT4+New+Rating006
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