Ticks WPR

135 0 2023-12-18

The Williams' Percent Range (%R) indicator drawn using a tick chart. After launching it, wait for enough ticks to come.Parameters:WPR Period - period of the indicator.Overbuying level - overbought level.Overselling level 

The Williams' Percent Range (%R) indicator drawn using a tick chart. After launching it, wait for enough ticks to come.

Parameters:

  • WPR Period - period of the indicator.

  • Overbuying level - overbought level.

  • Overselling level - oversold level.

  • Сalculated bar - number of bars for the indicator calculation.

The following parameters are intended for adjusting the weight of WPR signals (from 0 to 100). You can find their description in the Signals of the Williams Percent Range section of MQL5 Reference.

  • The oscillator has required direction.

  • Reverse behind the level of overbuying/overselling.

  • Divergence of the oscillator and price.

Buffer indexes: 0 - WPR, 1 - SIGNAL_UP, 2 - SIGNAL_DOWN.