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WPRdivCandle.mq5 (6.22 KB) view

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Real author:

RickD

The WPRdivCandle indicator. Colors the candles based on the WPR oscillator:

Aqua — WPR is in the overbought area;
Dodger blue — WPR is above the -50 level and outside the overbought and oversold areas;
Crimson — WPR is below the -50 level and outside the overbought and oversold areas;
Gold — WPR is in the oversold area.

Fig.1. The WPRdivCandle indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/16042

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WPRdivCandle - indicator for MetaTrader 5