Meet the Creator:
Rosh is the mastermind behind this powerful tool.
The NRTR Rosh v2 indicator is designed to help you navigate the markets by visually indicating current trends.
During a downward trend, you’ll notice the indicator turns red and magenta. On the flip side, when the market is on the rise, you’ll see lime and aqua colors come into play. This color-coding is more than just pretty visuals—it helps you identify critical support and resistance levels. When prices are climbing, the point at which the indicator crosses can be seen as a support line; conversely, during a downturn, these points act as resistance lines. To break it down further, when prices are ascending, the aqua points indicate resistance levels, while magenta points highlight support during declines.
If you’re interested in the earlier version, the MQL4 version of this indicator was released on CodeBase at mql4.com back on November 2, 2007.
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