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Multi-Williams Percent Range trend indicator - indicator for MetaTrader 5
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- 21703
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- Published:
- 2012.05.03 14:07
- Updated:
- 2016.11.22 07:32
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This is the modified version of Position in channel indicator.
The indicator calculates the values, similar to "Williams Percent Range" for 5 different periods. The values are plotted as a histogram. The histogram forms different patterns at different stages of the trend.
Input parameters:
- TMode – mode: 0 - fast, 1 - normal, 2 - slow;
- InpXCoord - the horizontal shift relative to the lower left corner;
- InpYCoord - the vertical shift relative to the lower left corner.
Three sets of periods are used:
- Fast – 30, 15, 10, 8, 6;
- Normal – 60, 30, 20, 15, 12;
- Slow – 120, 60, 40, 30, 24.
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/890
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