mrtools wrote: Thu Mar 30, 2023 7:05 am Wilson Relative Price Channel

This is a mt4 version of Mladen's modified version of Wilson's Relative price channel. More information here

The channel is based on the RSI and displays three zones:

• Overbought Zone
• Oversold Zone
• Neautral Zone

The original version by Scriptor was suitable only for the Daily timeframe and above but after Mladen's modification it can now be used on intraday timeframes.