BB Stop Loss - Smoothed WPR - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
BB stops smoothing the WPR indicator.
The types of smoothing that can be applied to WPR are the four common basic average types:
To avoid WPR smoothing (in which case it will become the original WPR), use a smoothing period less than or equal to 1.
Attachment download
📎bb_stops_-_smoothed_wpr.mq5 (20.21 KB)
Source: MQL5 #21062
BB Stop Loss - Smoothed WPR - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
BB Stop Loss - Smoothed 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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