WPR with 2 Moving Averages MT5 rq
- Indicators
- Version: 5.21
- Activations: 10
Crypto_Forex Indicator "WPR with 2 Moving Averages" for MT5, No Repaint.
- WPR itself is one of the best oscillators for scalping.
- "WPR and 2 Moving Averages" Indicator allows you to see Fast and Slow Moving Averages of WPR oscillator.
- Indicator gives opportunities to see the price corrections very early.
- It is very easy to set up this indicator via parameters, it can be used on any time-frame.
- You can see Buy and Sell entry conditions on the pictures.
- With PC and Mobile alerts on WPR MAs cross.
Example of Buy signal conditions:
(1) - if fast MA crosses slow MA upward and WPR value is below -50: open Buy trade.
(2) - once WPR value is in overbought zone above -20: exit from Buy trade.
Example of Sell signal conditions:
(1) - if fast MA crosses slow MA downward and WPR value is above -50: open Sell trade.
(2) - once WPR value is in oversold zone below -80: exit from Sell trade.
It is original product which is offered only on this MQL5 website.
