WPR LB bar AM
- Indicadores
- Versão: 40.0
- Atualizado: 1 julho 2026
The indicator identifies the strength of the trend based on the points where the WPR indicator exceeds the overbought and oversold levels.
The indicator does not redraw.
This indicator:- Suitable for all markets;
- Not redrawn;
- Intuitive and simple;
- It can be useful for both beginners and experienced traders;
- Allows you to identify market entry points where there is a high probability of a significant price movement sufficient for a successful transaction;
- Ind_Period (>1) - period of the indicator;
- OB - Overbought level value;
- OS - Oversold level value.
The other indicators of the Level Break (LB) series can be found among my works.
Feedback and suggestions are welcome.
Attention:
Please note that any market is constantly changing and there is no guarantee that methods that have been effective in the past will show the same results in the future.
To minimize potential losses, you should regularly optimize the product parameters, study the results of its work and withdraw part of the profit received.
It is recommended that before using the product on a real account, you test its work on a demo account in the same market and with the same broker where you plan to trade.
With respect and best wishes,
Andrii Matviievskyi
P.S.
If you liked this product, I would be grateful for a fair assessment - positive user reviews motivate the author, and reasonable criticism allows us to make products better.
I suggest visiting my page where you will find many unique author's works that are the result of many years of studying exchange trading and FOREX trading.
