Indicators: FilterOverWPR

 

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