Williams_Thrust - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
The signal and information indicator Williams Thrust is based on two Williams Percent Range indicators with different periods and their average.
There are five inputs:
If 1st WPR > 1st MA and 2nd WPR > 2nd MA - buy signal .
If 1st WPR < 1st MA and 2nd WPR < 2nd MA - sell signal .
Otherwise - neutral value .
FirstWPR = WPR (first WPR cycle) SecondWPR = WPR (second WPR period) FirstMA = MA(FirstWPR, first MA period, MA method) SecondMA = MA(SecondWPR, second MA period, MA method)
Attachment download
📎 williams_thrust.mq5 (20.91 KB)
Source: MQL5 #21683
Williams_Thrust - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
Williams_Thrust - 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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