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FW 2WPR MTF

Indicator based trading according to the price analysis of bars, the most popular among traders. The indicators calculated based on larger periods are used for identification of a stable trend on the market, and the ones calculated based on smaller periods are used for entering the market after a correction. The oscillators with overbought and oversold levels have a special place in indicator-based trading. The values of such indicators are subjected to wave structure - the higher waves (chart timeframes) are formed on the basis of the smaller ones. The correct analysis of such oscillators allows to enter the market on almost every wave. The most effective is the simultaneous analysis of the market using oscillators with large and small calculation periods on all timeframes. However, this obvious approach often confuses traders when determining the moment to enter the market. This happens because it is easy to become confused when switching the charts, as the indicator values from different periods may contradict each other. The FW-2WPR_MTF allows to estimate the overall picture of values of the WPR indicator with different periods on all timeframes simultaneously, which significantly increases the accuracy of market entries. By selecting the information on the required timeframe it is possible to adjust the indicator for any kind of trading.


Features of the FW-2WPR_MTF indicator

  • displays the WPR of two periods on the same chart
  • it is possible to monitor the WPR values on all timeframes without switching


Advantages of the FW-2WPR_MTF indicator

The analysis of the indicator values helps to determine:

  • market entry point at the time of the trend beginning impulse
  • market entry point during a correction
  • trend weakening time
  • trend changing time


Indicator Settings

  • SlowWPRPeriod - period of the slow WPR
  • FastWPRPeriod - period of the fast WPR
  • ShowBars - the number of bars in history to display the indicator
  • ShowInfoPanel - display the information panel
  • textColor, DnColor, UpColor - settings of the indicator colors
  • Show the data of M1 TF - MN1 TF - settings for the display of the indicator values on the corresponding timeframes of the information panel
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Indicateurs
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Indicateurs
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The RBCI hist indicator is an adaptive trend histogram, that eliminates noise using a Low-pass filter, which passes the lower frequencies and cuts off hight frequencies of the price fluctuations. The signal (depending on the strategy chosen by trader) is the intersection of the zero line by the indicator, as well as the change in the histogram color. The change in the histogram color serves as an early signal for opening positions towards the trend. The position of the indicator relative to the
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The Volume Impuls VSA indicator paints a histogram of volumes tading into account the bar direction and comparing it with the volume of previous bars. The volume of the rising and falling trend are painted respectively in blue and in red. If the current volume exceeds the volumes of the opposite direction, an impulse is formed. Accordingly, the impulse of the upward and downward trends are painted in blue and orange. Also the indicator displays three levels, based on which you can easily compare
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This multifunctional Expert Advisor has been created in the form of a designer and is suitable both automatic and manual trading. Its main advantage is the ability to select and adjust the strategy for the current market conditions. To recover from the drawdown, the EA fully utilizes the feature of the currency market - the price cannot remain in a narrow channel for a long time. A breakout of the flat in one direction or another is inevitable. So, by placing orders in the breakout direction, yo
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Indicateurs
Stochastic is the indicator used by traders the most. This version allows to extract the maximum amount of information without hassle of constantly switching between the timeframes and, thereby, greatly simplifies working with it. This is a standard Stochastic oscillator provided with an info panel displaying the current relative position of %K and %D lines on all timeframes. The info panel is intuitive and easy to use. The oscillator is especially useful in scalping techniques when you need to
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Indicateurs
ADX is one of the indicators most commonly used by traders. This version allows to extract the maximum amount of information without hassle of constantly switching between the timeframes and, thereby, greatly simplifies working with it. This is a standard ADX indicator provided with an info panel displaying the current relative position of -DM and +DM lines on all timeframes. Blue circle - uptrend. Red circle - downtrend. Yellow circle - no trend. Blue arrow - (+DM) > (-DM); Red arrow - (-DM) >
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Version 1.1 2021.11.21
Компиляция индикатора в новой версии платформы.