Indicators: Wilson Relative Price Channel - mod
Hi Mladen, Thank you for this indicator, It's very useful for looking into the zones.
Do you by any chance have this indi for mt4?
Hi Mladen, Leon Wilson here, the modifications you have made are sound. The original indicator I designed was initially intended for high value equities trading on a daily and weekly timeframe.
Your adaptation to Fx remain within the intended application as I originally developed. The use of ATR is a natural progression for trading low value short timeframe instruments.
Thank you for adaptation to MT5
Cheers
Leon Wilson
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Wilson Relative Price Channel - mod:
Wilson Relative Price Channel - modification
Author: Mladen Rakic