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Indicators: WPRSI signal

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Automated-Trading
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Automated-Trading 2011.12.02 12:07 

WPRSI signal:

The indicator gives trading signals using colored arrows on a chart. The signals are based on the WPR (Williams’ Percent Range) and RSI (Relative Strength Index) technical indicators.

In case the conditions for buying are fulfilled (when WPR >-20 and RSI > 50), lime up arrows are shown, in case the conditions for selling are fulfilled (WPR < -80 and RSI < 50) magenta down arrows appear.

Author: Nikolay Kositsin

WPRSI signal

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