Mtf WPR Screener MT5
- Göstergeler
- Sürüm: 1.1
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
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NOW decision (every second): BUY / SELL + confidence %
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Best Entry TF: highlights the most suitable timeframe for entry in the current direction
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MTF table (optional): WPR values across timeframes in one panel (toggle “Details”)
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Two trade display modes:
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STRICT: shows a trade direction only when filters and confidence are strong
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FORCE: always shows a direction based on current multi-TF “lean”
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Volatility state (ATR-based): SLOW / GOOD / HIGH
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Suggested SL/TP (in pips): based on ATR multipliers
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Filters (optional): ADX strength filter + optional spread filter
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Alerts: NOW BUY/SELL notifications (can be set “only on change”)
How it works (simple)
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WPR is mapped into a strength score: oversold → BUY bias, overbought → SELL bias.
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Higher timeframes form Bias, lower timeframes form Entry (auto by mode).
Controls on the panel
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TF button: choose the focus timeframe for calculations/volatility readout
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MODE button: STRICT / FORCE
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Details ON/OFF: show/hide the multi-TF table
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Alerts ON/OFF, Refresh
Modes (timeframes presets)
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SCALP: M1/M5 focus with higher-TF bias (H1/H4)
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INTRADAY: M1…D1 set with bias (H1/H4/D1) and entry (M15/M30)
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SWING: H1…W1 set with bias (D1/W1) and entry (H1/H4)
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CUSTOM: define your own timeframe lists
Notes
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Uses current bar data (shift 0), so values may change while the candle is forming.
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If some TFs show empty/incorrect values, open those timeframes once to download history.
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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.
