Indicators: Multi-Williams Percent Range trend indicator

[Automated-Trading]

Multi-Williams Percent Range trend indicator:

Multi-Williams Percent Range trend indicator. This is the modified version of Position in channel indicator.

The indicator calculates the values, similar to "Williams Percent Range" for 5 different periods. The values are plotted as a histogram. The histogram forms different patterns at different stages of the trend.

Author: Victor

[Alqassam Hammad]

Automated-Trading:

Multi-Williams Percent Range trend indicator:

Author: Victor

thank you , i am a Forex beginner :) 

[peep]

Easy change "user mode" periods :)

//--- input parameters
//...
input bool TModeUser=false;      //On (off preset Mode)
input int TModeUser1=4;
input int TModeUser2=15;
input int TModeUser3=30;
input int TModeUser4=60;
input int TModeUser5=120;

// ....
// replace section --- check for input values

if (TModeUser) {
        T1=StringToInteger(TModeUser1); T2=StringToInteger(TModeUser2); T3=StringToInteger(TModeUser3); T4=StringToInteger(TModeUser4); T5=StringToInteger(TModeUser5);
   } else {
        //--- check for input values
        T1=12; T2=15; T3=20; T4=30; T5=60;
        if(TMode==0){T1=6; T2=8; T3=10; T4=15; T5=30;}
        if(TMode==2){T1=24; T2=30; T3=40; T4=60; T5=120;}
   };

[areteus areteus]

Great working but I have not decided to prefer slow normal or fast one? any recommendation?