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
Author: Nikolay Kositsin
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:
To correct the error you can add the following line just between "end of initiialization" and "}"
I suggest also you report this to ServiceDesk.
I will do your suggestion
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.
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:
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.
newdigital, 2013.03.29 19:22
You can see - this is classical asctrend (very very first one) - MT4:
newdigital, 2013.03.29 19:29
And this is Asctrend indicator and template for MT4 - attached.