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Indicators: iWPR_HTF

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Automated-Trading
Admin
99472
Automated-Trading 2012.12.06 07:55 

iWPR_HTF:

Larry Williams' the Percent Range indicator drawn in the zigzag form. The indicator can be calculated and set in a fixed timeframe

Fig.1 The iWPR_HTF indicator

Fig.1 The iWPR_HTF indicator

Author: Nikolay Kositsin

Paulo Oliveira
Moderator
3079
Paulo Oliveira 2014.03.29 22:10  

I downloaded directly from the MT5 terminal client and did not work, when downloaded of Code Base  and compiled in MetaEditor has showed the error below:

 

Alain Verleyen
Moderator
30739
Alain Verleyen 2014.03.30 00:30  
PauloBrasil:

I downloaded directly from the MT5 terminal client and did not work, when downloaded of Code Base  and compiled in MetaEditor has showed the error below:

 

Hi Paulo,

To correct the error you can add the following line just between "end of initiialization" and "}"

   return(INIT_SUCCEEDED);

I suggest also you report this to ServiceDesk.

Paulo Oliveira
Moderator
3079
Paulo Oliveira 2014.03.30 01:19  
angevoyageur:

Hi Paulo,

To correct the error you can add the following line just between "end of initiialization" and "}"

I suggest also you report this to ServiceDesk.

Thanks Alan!

I will do your suggestion

Automated-Trading
Admin
99472
Automated-Trading 2014.03.31 10:58  
angevoyageur:

Hi Paulo,

To correct the error you can add the following line just between "end of initiialization" and "}"

Thank you. Fixed.
Sergey Golubev
Moderator
93688
Sergey Golubev 2014.03.31 12:17  
Sergey Golubev
Moderator
93688
Sergey Golubev 2014.03.31 12:19  

Forum on trading, automated trading systems and testing trading strategies

Asctrend indicator in depth

newdigital, 2013.04.01 12:53

Stochastic indicator (Sto.chas.tic - sto kas'tik) was invented by C. Ralph Dystant (1902-1978) and George C. Lane (1921-2004). WPR was invented by Larry Williams but he uses Stochastic in some cases as an example of WPR :)

But Stochastic is more developed by many versions and more used than WPR for example. 


Sergey Golubev
Moderator
93688
Sergey Golubev 2014.03.31 12:20  

Forum on trading, automated trading systems and testing trading strategies

Asctrend indicator in depth

newdigital, 2013.03.29 18:59

You know - the classical approach of this asctrend system is the following: asctrend signal is confirmed if the following:

  • WPRfast and WPRslow are agree with each other by same color on close bar.

This is the very very first asctrend system. I mean: everything was started from it. And the meaning of this system is the following: we should take some part of already existing trend to our profit. We can not tal all the trend. we can take just some part of the trend.


Sergey Golubev
Moderator
93688
Sergey Golubev 2014.03.31 12:21  

Forum on trading, automated trading systems and testing trading strategies

Asctrend indicator in depth

newdigital, 2013.03.29 19:22

You can see - this is classical asctrend (very very first one) - MT4:

 

 

 


Sergey Golubev
Moderator
93688
Sergey Golubev 2014.03.31 12:21  

Forum on trading, automated trading systems and testing trading strategies

Asctrend indicator in depth

newdigital, 2013.03.29 19:29

And this is Asctrend indicator and template for MT4 - attached.


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