Filter WPR - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources
The indicator uses a self-adjusting deviation filter to filter out WPR values. The parameters are just period (WPR and filter) and filter size.
Usage can be as usual: color changes can be seen as signals.
Attachment download
📎 filtered_wpr.mq5 (10.72 KB)
Source: MQL5 #23177
Filter WPR - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
Filter 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 only on titles or short-term profit descriptions.
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