WBP Chart Signals
- Indicators
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Vincent Jose Proenca
I’ve been a trader for over ten years, mainly specializing in CFDs. What I love about trading is the logic, the discipline, and the process of creating tools that simplify decision-making. Since I couldn’t find indicators that fit my approach, I started coding them myself, first out of necessity - Version: 1.0
- Activations: 5
WBP Chart Signals – Multi-TimeFrame Buy/Sell Pressure Indicator
Description:
WBP Chart Signals is an advanced indicator that measures market pressure by analyzing volume, spread, and price action. Ideal for traders seeking precise signals with multi-timeframe confirmation and institutional-style analysis.
Key Features:
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Weighted Buy Pressure (WBP): Proprietary algorithm combining VWAP, MA200, volume strength, liquidity factors, and momentum
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Multi-TimeFrame Analysis: Automatic higher timeframe confirmation for reliable signals
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Real-Time Multi-Symbol Scanner: Monitor 6 major pairs simultaneously
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Precision Signal Filtering: 7 filters including divergence, volume, trend, and HTF confirmation
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Professional Dashboard: Real-time WBP values, signals, and HTF analysis
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Institutional Calculations: Volume with logarithmic scaling, VWAP weighting, and conviction factors
Signal System:
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BUY: Strong Buy > 75, Moderate Buy > 65
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SELL: Strong Sell < 25, Moderate Sell < 35
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Arrows in indicator window; customizable audio alerts
Technical Specifications:
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Separate indicator window with 5 buffers
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Adjustable thresholds and confirmation parameters
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Works on all timeframes and symbols
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No repainting – signals confirmed on bar close
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Optimized performance
Parameters: VWAP Period 20, MA Trend 200, EMA smoothing 5, Confirmation bars 2, Multiple filters
Perfect for: Scalping, day trading, swing trading, institutional volume analysis, market pressure monitoring
