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?
I think it's a very convincing indicator.
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