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Metatrader 5 Indicators | X4Period_WPR_Arrows | Trading Tool Update

Explore the latest free tools from the MQL5 community. Here's a new indicator, expert advisor, or script for MetaTrader.

Real author:

transport_david

Four semaphore signal indicators based on Larry Williams' Percent Range oscillators with different periods on one price chart.

Capture price channel breakouts with the Price Channel Expert Advisor. Precise entries and exits. Explore now.

Trend signals occur when the oscillators enter the oversold and overbought areas specified in the input parameters:

input int rsiUpperTrigger=-20;    // Overbought level
input int rsiLowerTrigger=-80;    // Oversold level

Figure 1. The X4Period_WPR_Arrows indicator

Figure 1. The X4Period_WPR_Arrows indicator

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