WPRfix - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources
This metric is calculated similarly to WPR ( Williams' Percent Range ). The only difference is that the price change interval (in points) instead of the period is set as the input parameter: select the indicator period for each bar so that the price interval for this period exceeds the range input parameter. Therefore, the value of the input parameter should exceed the average bar height during the active time frame.
Indicator value range -50 ... +50.
📎 wprfix.mq5 (2.55 KB) Source: MQL5 #978 WPRfix - 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. Focus on 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. Attachment download
WPRfix - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
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