Trend based on WPR - MetaTrader 5 script | Forex indicator download - MT4/MT5 resources

This indicator uses WPR as the basis for determining buy/sell. Initially, I looked at the trend as overbought and oversold, but since it often doesn't work as expected, I set a -50 line on wpr as a pivot point. But if you want to change it to overbought or oversold, you can try it yourself according to your comfort level.

Here I send another indicator that is the same as the previous one. In this indicator I just fixed the deletion of objects that didn't work in the first indicator.

Attachment download

📎 GBPUSDM30.png (49.29 KB)

📎 Total_Lot_vx_WPR.mq5 (11.27 KB)

📎Total_Lot_vs_WPR_II.mq5 (11.52 KB)

Source: MQL5 #69380