ColorMETRO_WPR - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
Trend Labs Ltd.
Oscillator type indicator that displays its value according to the WPR technical indicator. The WPR indicator is represented in purple, and the color of the cloud changes depending on the direction of the trend. The blue color of the cloud is a buy signal and the red color is a sell signal.
Figure 1. ColorMETRO_WPR indicator
Attachment download
📎 colormetro_wpr.mq5 (8.7 KB)
📎 metro_wpr.mq5 (9.51 KB)
Source: MQL5 #14494
ColorMETRO_WPR - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
ColorMETRO_WPR - MetaTrader 5 script | Foreign exchange indicator download - MT4/MT5 resources are foreign exchange indicator related resources. 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 on titles or short-term profit descriptions.
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