Fig. 1. Signal generation algorithm

WPR_DiverSign – indicator MetaTrader 5

by

olegok83

A semaphore signal indicator that uses divergence between two WPR oscillators based on extreme points of the last five bars.

The signal is formed when there is divergence between two oscillators (fast and slow) and an appropriate candlestick combination:

Fig. 1. Signal generation algorithm

Fig. 1. Signal generation algorithm

Fig. 2. The WPR_DiverSign indicator

Fig. 2. The WPR_DiverSign indicator


WPR_DiverSign – indicator MetaTrader 5
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