Hi Mladen
Thanks for posting the indicators.
Here are some additional tips:
- The noise followed by a sharp move for the WPO usually indicates a coming increase in price volatility.
- Although the WPO has boundaries, it may exceed those boundaries drastically so still it is an unbounded oscillator.
- The Wave Period Zone Oscillator WPZO is therefore created to bound the WPO.
WPZO
https://ifta.org/public/files/newsletter/d_ifta_update_vol24-iss4.pdf
Regards,
Akram El Sherbini
Files:
WPO.png
17 kb
hey mr. Mladen rakic
I am a big fan of your work. Please create a version of this indi for mt4. thanks.
Luv this indicator but need for mt4.please quick...

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Wave period oscillator:
Wave period oscillator
Author: Mladen Rakic