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WPR Signal AM

Larry Williams' WPR indicator defines an asset's oversold/overbuy status and possible reversal points.

The indicator compares the current Close price with Highs/Lows for a specified period.


  • WPRPer ( >0) - Period of the WPR indicator;
  • Level oversold (-100-0) - level for oversold area;
  • Level overbuy (-100-0) - level for overbought area;
  • Exit_from_oversold_or_overbuy - signal when leaving the overbought or oversold area;
  • Entrance_to_oversold_or_overbuy - signal when entering the overbought or oversold area;
  • Intersection_of_the_middle - signal when crossing the middle between the overbought or oversold areas;
  • IndBarsCount (>-1) - number of bars the indicator is displayed on;
  • Alerts - show a dialog box containing user data;
  • Text_BUY - custom text for buy signals;
  • Text_SELL - custom text for sell signals;
  • Send_Mail - sends an email using an address specified on the Email tab of the options window;
  • Subject - subject of the email;
  • Send_Notification - sends push notifications to the mobile terminals, whose MetaQuotes IDs are specified in the "Notifications" tab.
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Version 4.0 - 2016.07.07
Supplemented customizable parameters. Revised the code. Added the ability to send email messages.
Version 1.1 - 2016.02.15
Optimized the code. Optimized the usage of the indicator buffers.