Trend Lord NRP Indicator


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Trend Lord NRP Indicator

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The name kind of says it all. This indicator is one of the leading tools for following trends with a process that’s just like the moving average (except better).

This 12-day moving average is calculated using data from the previous 5 days. It’s not just used by experienced traders, but also by beginners who are looking for a trading solution suited to scalping and quick trading within the same day.

It is, therefore, suitable for 5 min, 15 min, 30 min and 1 hour timeframes. You can use the Trend Lord NRP indicator in other markets besides the forex market.

The indicator reacts quickly to price changes and lags less than the conventional moving averages. A bullish trend occurs when the price closes above the blue bars of the indicator, This bearish trend is shown by the price closing below the red indicator bars.

Trend Lord NRP Trading Signals

Buy Signal

The indicator gives a buy signal when the bars in the indicator chart are blue and rising.

Sell Signal

Expect bearish bias when the indicator posts red bars when they are trending downwards.

Conclusion

This indicator is one of the best trend following indicators. The red bar indicates a bearish market, while the blue bar represents a bullish market. It’s really straightforward.

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