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Smoothed WPR with floating levels - MetaTrader 5용 지표

Mladen Rakic
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Theory :

The way how this WPR is smoothed is described here : Smoothed WPR

In order to enable simpler usage of that indicator, this version is adding floating levels. You can use, depending on those floating levels, 3 modes of color changes

  • color change on outer levels cross
  • color change on middle (sort of zero line) cross
  • color change on slope change

Usage :

You can use color changes as signals


PS:

One "big picture" example. Some experimenting with the parameters is advised prior to using it in trading decisions


Smoothed WPR Smoothed WPR

Smoothed Williams percent range

LSTM Neural Network LSTM Neural Network

Long Short-Term Memory Neural Network - for time series analysis.

Smoothed WPR with floating levels and on chart support / resistance levels Smoothed WPR with floating levels and on chart support / resistance levels

Smoothed WPR with floating levels and on chart support / resistance levels

MACD with on-chart SR levels MACD with on-chart SR levels

MACD with on-chart SR levels