Watch how to download trading robots for free

Find us on Telegram!
Join our fan page

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

Published by:: Nikolay Kositsin
Views:: 11730
Rating:: (20)
Published:: 2011.12.02 12:07
Updated:: 2016.11.22 07:32

wprsisignal.mq5 (6.74 KB) view

Download as ZIP, How to download code from MetaEditor

: Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

Real author:

gumgum

The indicator gives trading signals using colored arrows on a chart. The signals are based on the WPR (Williams’ Percent Range) and RSI (Relative Strength Index) technical indicators.

In case the conditions for buying are fulfilled (when WPR >-20 and RSI > 50), lime up arrows are shown, in case the conditions for selling are fulfilled (WPR < -80 and RSI < 50) magenta down arrows appear.

Input parameters:

WPRSIperiod - period for WPR and RSI;
filterUP - depth of WPR > -20 crossing verification;
filterDN - depth of WPR < -80 crossing verification.

This indicator was first implemented in MQL4 and published in CodeBase at mql4.com 05.09.2009.

WPRSI signal

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/599

Leading

The indicator consisting of two moving averages (Lead and its EMA smoothing) on one chart from John Ehlers' book "Cybernetic Analysis for Stocks and Futures: Cutting-Edge DSP Technology to Improve Your Trading".

Laguerre Filter

The indicator consisting of two moving averages from John Ehlers' book "Cybernetic Analysis for Stocks and Futures: Cutting-Edge DSP Technology to Improve Your Trading".

MLP Neural Network Class

CNetMLP provides multilayer perceptron (MLP).

EQUILIBRIUM-2011

Multicurrency "grider" with risk control (version for Automated Trading Championship 2011 and updated version).

WPRSI signal - indicator for MetaTrader 5