WPR_Histogram_Round - MetaTrader 5 Script - MT4/MT5 Resource
The standard WPR oscillator is implemented as a histogram with its values rounded to the standard range:
For all WPR values less than -50, round to the lower side, and for all RSI values over 50, round to the higher side.
The following inputs are used for rounding in the indicator:
Figure 1. WPR_Histogram_Circle
Attachment download
📎wpr_histogram_round.mq5 (14.77 KB)
Source: MQL5 #16706
WPR_Histogram_Round - MetaTrader 5 script usage and filtering suggestions
WPR_Histogram_Round - MetaTrader 5 script is a resource related to Forex indicators. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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