Watch how to download trading robots for free

Find us on Twitter!
Join our fan page

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

Views:: 4930
Rating:: (12)
Published:: 2019.01.18 20:48

Smoothed WPR (fl).mq5 (10.66 KB) view

Download as ZIP, How to download code from MetaEditor

: Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

Theory :

The way how this WPR is smoothed is described here : Smoothed WPR

In order to enable simpler usage of that indicator, this version is adding floating levels. You can use, depending on those floating levels, 3 modes of color changes

color change on outer levels cross
color change on middle (sort of zero line) cross
color change on slope change

Usage :

You can use color changes as signals

PS:

One "big picture" example. Some experimenting with the parameters is advised prior to using it in trading decisions

Smoothed WPR

Smoothed Williams percent range

LSTM Neural Network

Long Short-Term Memory Neural Network - for time series analysis.

Smoothed WPR with floating levels and on chart support / resistance levels

MACD with on-chart SR levels

Smoothed WPR with floating levels - indicator for MetaTrader 5