WPR_HL - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources


WPR HL - Williams Percent Range Indicator Calculated by (High - Low)
The indicator has three input parameters:
WPR_HL =-100.0 *(maximum-HL)/(maximum-minimum)
HL = High - Low Max and Min are the highest and lowest prices within the period interval
Figure 2. WPR HL vs. Williams’ percentage range
Attachment download
📎 wpr_hl.mq5 (8.33 KB)
Source: MQL5 #21422
WPR_HL - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
WPR_HL - 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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