Mtf WPR Screener MT5

MTF WPR Screener MT5

A compact multi-timeframe dashboard that converts Williams’ %R (WPR) into a clear, actionable signal: NOW: BUY/SELL with confidence %, plus the Best Entry TF suggestion and a simple volatility label.

What you get

• NOW decision (every second): BUY / SELL + confidence %

• Best Entry TF: highlights the most suitable timeframe for entry in the current direction

• MTF table (optional): WPR values across timeframes in one panel (toggle “Details”)

• Two trade display modes:

  • STRICT: shows a trade direction only when filters and confidence are strong

  • FORCE: always shows a direction based on current multi-TF “lean”

• Volatility state (ATR-based): SLOW / GOOD / HIGH

• Suggested SL/TP (in pips): based on ATR multipliers

• Filters (optional): ADX strength filter + optional spread filter

• Alerts: NOW BUY/SELL notifications (can be set “only on change”)

How it works (simple)

• WPR is mapped into a strength score: oversold → BUY bias, overbought → SELL bias.

• Higher timeframes form Bias, lower timeframes form Entry (auto by mode).

Controls on the panel

• TF button: choose the focus timeframe for calculations/volatility readout

• MODE button: STRICT / FORCE

• Details ON/OFF: show/hide the multi-TF table

• Alerts ON/OFF, Refresh

Modes (timeframes presets)

• SCALP: M1/M5 focus with higher-TF bias (H1/H4)

• INTRADAY: M1…D1 set with bias (H1/H4/D1) and entry (M15/M30)

• SWING: H1…W1 set with bias (D1/W1) and entry (H1/H4)

• CUSTOM: define your own timeframe lists

Notes

• Uses current bar data (shift 0), so values may change while the candle is forming.

• If some TFs show empty/incorrect values, open those timeframes once to download history.

• For lower CPU load, increase UpdateSeconds or reduce ATR_AvgBars.

More powerful version

If you need a full screener with many indicators and advanced logic, check my extended product here:
ADVANCED MULTI INDICATORS SCREENER HERE

This tool is for analysis and educational use. Always test on a demo account first.