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Indicators: FilterOverWPR

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Automated-Trading
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Automated-Trading 2013.10.18 12:37 

FilterOverWPR:

An indicator of trend power with four states.

The Stochastic oscillator is used s the source of signals. A strong upward trend is marked as a blue bar, a weak upward trend is pale green. A strong falling trend is colored red, a weak falling trend is ginger.

Fig. 1 The FilterOverWPR indicator

Author: Nikolay Kositsin

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