Re: WPR Indicators for MT4

191
RodrigoRT7 wrote: Mon Oct 14, 2024 12:05 pm Good evening Mr Tools, how are you?

According to my latest posts, I'm heavily involved in putting together a counter trend template for everyone on the forum and I've been seeing a lot of value in WPR/Haos/Chaos.

but I also always really liked the Z Score and remembered this indicator.

Could you replace RSIs with WPR, a Z Score of WPR? You don't need ATF, as this can be calibrated using the averages.

or if not possible, a Haos with Adaptive VHF?

Thank you very much for your usual help, I'm super grateful to you, Kvak and our moderators :D

NOTE: taking advantage of the post to provide insight, when the candles leave the Standard error bands and the Adaptive er RMA gives the first buy signal, they are great OBOS as I marked with the red arrows. :D
Very nice! I added the bulls bear ac mtf made by Kvak. Seems good.


Re: WPR Indicators for MT4

192
RodrigoRT7 wrote: Tue Oct 15, 2024 4:43 am My idea was precisely to compare the difference between Haos (which is based on WPR) WPR itself and RSI.

It ends up being a bit of a Haos Z Score :), which for me is excellent.

I just forgot to kindly ask you for something, just to kindly update the AVGS and RMAs.

NOTE: there is no rush at all, as I am already excellent like this.

Thank you very much again, Mr Tools!!
Z-score of WPR (Williams %R)

In this version, the WPR is used instead of the RSI and just like the RSI version, the Z-score of the Williams %R (WPR) offers a technique for assessing whether the WPR is in an overbought or oversold state within the context of Bollinger Bands, functioning as an oscillator.

Updated averages added.

For the RSI version, and information on the Z-Score please see here: Z-Score of RSI for MT4. For additional information and the PDF article on the Z-Score see here.
These users thanked the author mrtools for the post (total 6):
RodrigoRT7, rudiarius, nbibu, talaate, 太虚一毫, ParallelNative

Re: WPR Indicators for MT4

193
RodrigoRT7 wrote: Tue Oct 15, 2024 4:43 am My idea was precisely to compare the difference between Haos (which is based on WPR) WPR itself and RSI.

It ends up being a bit of a Haos Z Score :), which for me is excellent.

I just forgot to kindly ask you for something, just to kindly update the AVGS and RMAs.

NOTE: there is no rush at all, as I am already excellent like this.

Thank you very much again, Mr Tools!!
Hi Rodrigo,

If you dont mind can you please share your template?

Thanks :)
These users thanked the author Asante for the post:
RodrigoRT7

Re: WPR Indicators for MT4

194
Asante wrote: Thu Dec 12, 2024 8:17 am Hi Rodrigo,

If you dont mind can you please share your template?

Thanks :)
Good evening Asante, how are you??

Yes, I can, of course. However, I no longer have this template.

but I'm gathering the photo indicators in this folder with some additional ones so you can test
These users thanked the author RodrigoRT7 for the post (total 2):
Asante, Kayleb


Re: WPR Indicators for MT4

198
naluvs01 wrote: Thu Feb 13, 2025 3:13 pm Hi Mr Tools and Coders (shout out to Kvak),

I have a simple request. Can alerts and arrows be added to this indicator when all are aligned? Thank you in advance for your consideration!!!

The above indicator (WPR+3 MA+ADX AA MTF AG+TT) has alerts but no arrows when the MAs are in alignment. I do have it, but it's an .ex4 file.
I made this with wpr function, you may choose different prices, not only close. Try...
These users thanked the author kvak for the post (total 5):
naluvs01, Jimmy, RodrigoRT7, FredericoA, Kayleb

Re: WPR Indicators for MT4

199
naluvs01 wrote: Thu Feb 13, 2025 3:13 pm Hi Mr Tools and Coders (shout out to Kvak),

I have a simple request. Can alerts and arrows be added to this indicator when all are aligned? Thank you in advance for your consideration!!!

The above indicator (WPR+3 MA+ADX AA MTF AG+TT) has alerts but no arrows when the MAs are in alignment. I do have it, but it's an .ex4 file.
"Only the price on the chart can show the entrance to the deal..."


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