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Indicators

WPRdivCandle - indicator for MetaTrader 5

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Views:
805
Rating:
votes: 14
Published:
2016.10.10 15:40
Updated:
2016.11.22 07:32

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

Fig.1. The WPRdivCandle indicator

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

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