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.
Re: Various (Specialist) indicators for MT4
1031"There is NO GOD higher than TRUTH" - Mahatma Gandhi